SpareBank 1 SR-Bank (OSL:ROGG) 's Rating Unchanged Following Glitnir Bank ASA takeover

SpareBank 1 SR-Bank (OSL:ROGG) Rating actions regarding Sparebank 1 SR-Bank acquiring of 20 % of Glitnir Bank ASA

Fitch Ratings and Moodys Investor service has made a review on SpareBank 1 SR-Bank ratings after the bank participated in a bank consortium comprising 20 SpareBank 1-banks that shall acquire 100% of the shares in Glitnir Bank ASA.

Fitch has affirmed the same long-term rating (A) as previously, as has Moody's (AA3). Moody's has revised the outlook from stable to negative, while Fitch maintains an unchanged outlook. Moody's cites the risk posed by the integration process with Glitnir Bank as the rationale for its change of stance.

Contact person at SpareBank 1 SR-Bank: Head of Capital Market Stian Helgøy phone + 47 906 52 173

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

SpareBank 1 SR-Bank

http://www.sr-bank.no

ISIN: NO0006000009

Stock Identifier: XOSL.ROGG