The first trading day ex dividend and ex subscription rights in SpareBank 1 SMN

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN
 
Equity capital certificates of SpareBank 1 SMN will be traded as from 5 March
2010 on Oslo Stock Exchange ex dividend of NOK 2.50 and ex subscription rights
to be issued in connection with the rights issue.
 
For further details of the issue, see stock exchange notice published on 4 March
2010.
 
DISCLAIMER
These written materials are not for distribution in the United States, Canada,
Australia, Hong Kong or Japan.  The information contained herein does not
constitute an offer of securities for sale in the United States, Canada,
Australia, Hong Kong or Japan.
 
The securities may not be offered or sold in the United States unless they are
registered under applicable law or exempt from registration. The Savings Bank
does not intend to register any portion of the offer in the United States or to
conduct a public offer of securities in the United States. No money, securities
or other consideration is being solicited and, if sent in response to the
information contained herein, will not be accepted.
 
FORWARD LOOKING STATEMENTS
This document and any materials distributed in connection with this document may
contain certain forward-looking statements. By their nature, forward-looking
statements involve risk and uncertainty because they reflect SpareBank 1 SMN's
current expectations and assumptions as to future events and circumstances that
may not prove accurate. A number of material factors could cause actual results
and developments to differ materially from those expressed or implied by these
forward-looking statements, including the risks and uncertainties to be set out
in the prospectus.
 
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
 
[HUG#1391061]