Mandatory notification of trade - NOFI

Brumm AS has after close of trading on 21 December 2017 sold 1,300,000 shares in Norwegian Finans Holding ASA at NOK 92.00 per share under a total return swap agreement ("TRS") with Skandinaviska Enskilda Banken AB (publ), Oslo Branch as counterparty. The expiration date of the TRS agreement is 21 June 2018. The chairman of Norwegian Finans Holding ASA and Bank Norwegian AS, Bjørn H. Kise, owns 60 % of the share capital and controls 94.24% of the votes of Brumm AS. Following the transaction, Brumm AS owns 6,739,432 shares in Norwegian Finans Holding ASA equivalent to approximately 3.61% of the shares in the company. This information is subject of the disclosure requirement pursuant to section 4-2 of the Norwegian Securities Trading Act.