Insider transaction disclosure
Report No. 14/2011

28 March 2011

Insider transaction disclosure 
Transactions made by persons obliged to report to the Danish FSA and OMX The Nordic Exchange. Report No. 14/2011

The following changes have taken place in the holding 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 Eivind Kolding
 Reason Member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0010274414
DK0060295582
 Designation Subscription rights
 Nature of Transaction Subscription for 3,788 shares
Sale of 3 additional rights
 Trade Date 25 March 2011
 Market NASDAQ OMX Nordic
 Number 3,788 shares
3 additional rights
 Market price (DKK) Subscription: 325,768.00
Sale of subscription rights: 31.70

 Name Carsten Eilertsen
 Reason Member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0060295582
 Designation Subscription rights
 Nature of Transaction Sale of 366 subscription rights
 Trade Date 28 March 2011
 Market NASDAQ OMX Nordic
 Number 366 subscription rights
 Market price (DKK) Sale of subscription rights: 3,733.20

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