SpareBank 1 Midt-Norge has acquired 606 771 shares in Romsdals Fellesbank ASA, equivalent to a 9.7 % ownership interest. The bank has also received pre-acceptances for a considerable number of shares in a public offer which, if implemented, will be given all the shareholders. In a potential offer Romsdals Fellesbank ASA's shareprice will be set to NOK 138,- per share. SpareBank 1 Midt-Norge has therefore initiated a dialogue with the board and management of Romsdals Fellesbank ASA. 

 

Trondheim, 12 November 2004 

 

 

Contacts:

 

Any questions may be addressed to the Managing Director, Finn Haugan, tel.: + 47 90 04 10 02

or the chief financial officer, Kjell Fordal, tel.: + 47 90 54 16 72

or  general manager Marvin Wiseth, tel.: + 47 91 86 79 31

  

 

About us

 

SpareBank 1 Midt-Norge is Central Norway's leading financial group. We are market leaders in personal and business banking and have 48 offices in 42 municipalities, in addition to distributing our services through 17 in-shop banks. Our head office is in Trondheim. The group has approximately 700 employees and comprises, in addition to banking operations, the subsidiaries SpareBank 1 Finans Midt-Norge AS, EiendomsMegler 1 Midt-Norge AS, Allegro Finans ASA and Midt-Norge Regnskap AS.

 

Our mission is to be the recommended bank for customers in Central Norway and, as a local, independent savings bank, we feel a special responsibility for stimulating growth and quality of life in the region. We base our business on proximity to customers, good accessibility, a complete range of banking, financial and insurance products, and holistic financial advisory services. 

 

SpareBank 1 Midt-Norge is one of seven owners of SpareBank 1 Gruppen AS.

 

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