Transactions made by persons
obliged to report to the CSE.
Report No. 18/2007

November 12, 2007

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  Ituri Management ApS
 Reason  Legal entity (§28a stk. 4, 4, a)
 Issuer  Danske Bank A/S
 ID Code  DK0010274414
 Designation  Shares
 Nature of Transaction  Purchase
 Trade Date  9.11.2007
 Market  Copenhagen Stock Exchange
 Number  10,000
 Market price (DKK)    2,079,493.98


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