Transactions made by persons
obliged to report to the CSE.
Report No. 8/2009

17 November 2009
Insider transaction disclosure

The following changes have taken place in the shareholding of Danske Bank shares of the person mentioned below who, under the Danish Securities Trading Act, is under a duty to report such changes.

 Name Thomas F. Borgen
 Reason Member of the Executive Board
 Issuer Danske Bank A/S
 ID Code DK0010274414
 Designation Shares
 Nature of Transaction Excercise of a purchase right as part of share-based payment, conditional shares granted in 2008
 Trade Date 16 November 2009
 Market OMX The Nordic Exchange
 Number 6,223
 Market price (DKK) 11,201.40 (closing rate 120.50 on 16 November 2009)


 Name Thomas F. Borgen
 Reason Member of the Executive Board
 Issuer Danske Bank A/S
 ID Code DK0010274414
 Designation Shares
 Nature of Transaction Excercise of a purchase right as part of share-based payment, conditional shares granted in 2007
 Trade Date 16 November 2009
 Market OMX The Nordic Exchange
 Number 3,803
 Market price (DKK) 10,154.01 (closing rate 120.50 on 16 November 2009)

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