Sparebanken Vest (rating A1 Moody`s, positive outlook)has mandated Nordea
Markets for a potential issuance of a FRN senior non-preferred bond. 

A transaction will follow in the near future, subject to market conditions.

Manufacturer target market (MiFID II product governance) is eligible
counterparties and professional clients only (all distribution channels). No
PRIIPs key information document (KID) has been prepared as the bonds will not be
marketed to retail clients in the EEA.

Sparebanken Vest contact persons;

John Hopp, Head of Treasury: +47 55 37 32 11
Thomas Colliander, Finance Manager, +47 990 28 618

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