Insider transaction disclosure
Report No. 18/2011

30 March 2011

Insider transaction disclosure 
Transactions made by persons obliged to report to the Danish FSA and OMX The Nordic Exchange. Report No. 18/2011

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 Majken Schultz
 Reason Member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0010274414
DK0060295582
 Designation Subscription rights
 Nature of Transaction Subscription for 306 shares
Purchase of 1 right
 Trade Date 29 March 2011
 Market NASDAQ OMX Nordic
 Number 306 shares
1 right
 Market price (DKK) Subscription: 26,316.00
Purchase of subscription right: 9.81

 Name Helle Brøndum
 Reason Member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0010274414
DK0060295582
 Designation Subscription rights
 Nature of Transaction Subscription for 285 shares
Sale of 1,444 additional rights
 Trade Date 29 March 2011
 Market NASDAQ OMX Nordic
 Number 285 shares
1,444 additional rights
 Market price (DKK) Subscription: 24,510.00
Sale of subscription rights: 14,167.08


 Name Tor Hernes
 Reason Related party to Majken Schultz, member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0010274414
DK0060295582
 Designation Subscription rights
 Nature of Transaction Subscription for 132 shares
Sale of 1 additional right
 Trade Date 28 March 2011
 Market NASDAQ OMX Nordic
 Number 132 shares
1 additional right
 Market price (DKK) Subscription: 11,352.00
Sale of subscription right: 9.81

 Name Niels B. Christiansen
 Reason Member of the Board of Directors
 Issuer Danske Bank A/S
 ID Code DK0010274414
DK0060295582
 Designation Subscription rights
 Nature of Transaction Subscription for 1,348 shares
 Trade Date 29 March 2011
 Market NASDAQ OMX Nordic
 Number 1,348 shares
 Market price (DKK) Subscription: 115,928.00

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