Pareto Bank ASA, rated BBB (stable) by Scope, has mandated DNB Markets and
Pareto Securities as Joint Lead Managers for a potential issuance of a new dated
Subordinated Tier 2 bond with a size of up to NOK 150 million, subject to market
conditions.

The bond will have a first call option for the issuer minimum 5 years after the
issue date, subject to approval by the Financial Supervisory Authority of
Norway, if required.

The new issue is approved by the issuer's general assembly.

For further information please contact: 
Magnus Rasmussen, tlf. 90 79 92 43
Monica Mælen, tlf. 93 49 48 67

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