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2016-05-04

SpareBank 1 SMN: SpareBank 1 SMN - Mandatory notification of trade - SpareBank 1 SMN's savings programme allocates equity certificates

The equity certificates purchased by SpareBank 1 SMN on 2 May 2016 for use in
the group's savings programme for employees, have been distributed to the
employees at a price of NOK 49.73 per equity certificate in accordance with
their savings amount.

Following this, the savings programme has 32,970 equity certificates. After
allocation the bank owns 4,240 equity certificates.

As participants in the savings programme, the primary insiders below have been
allocated equity certificates as follows:

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| Name: Allocated no. equity certificates: New total holding of equity certificates*: |
| Cathrine Aunvik 60 60 |
| Kjell Fordal 60 244,482 |
| Finn Haugan 60 201,058 |
| Vegard Helland 60 33,372 |
| Kjersti Hønstad 30 3,217 |
| Berit Rustad 60 2,145 |
| Svein Tore Samdal 60 22,678 |
| Tove Westrum Sørensen 30 2,893 |
| Hans Trondstad 60 523 |
---------------------------------------------------------------------------------------------------------
*) incl. close associates

Trondheim, 4 May 2016

Contact person in SpareBank 1 SMN:
Executive Vice President, Finance, Kjell Fordal, tel. 905 41 672

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SpareBank 1 SMN via Globenewswire

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