Insider transaction disclosure
Report No. 16/2011

29 March 2011

Insider transaction disclosure 
Transactions made by persons obliged to report to the Danish FSA and OMX The Nordic Exchange. Report No. 16/2011

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 Peter Højland
 Reason Member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0010274414
DK0060295582
 Designation Subscription rights
 Nature of Transaction Subscription for 3,333 shares
Sale of 1 additional right
 Trade Date 28 March 2011
 Market NASDAQ OMX Nordic
 Number 3,333 shares
1 additional right
 Market price (DKK) Subscription: 286,638.00
Sale of subscription right: 9.95

 Name Ituri Management ApS
 Reason Related party to Peter Højland, member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0010274414
DK0060295582
 Designation Subscription rights
 Nature of Transaction Subscription for 7,666 shares
Sale of 2 additional rights
 Trade Date 28 March 2011
 Market NASDAQ OMX Nordic
 Number 7,666 shares
2 additional rights
 Market price (DKK) Subscription: 659,276.00
Sale of subscription rights: 19.80

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