October 12, 2007
Company Announcement No 17/2007
On October 16, 2006, Danske Bank issued notes linked to the trend in prices of
copper, nickel and zinc (ISIN XS0268105748).
As paying agent, Danske Bank has calculated the initial prices and final prices of the underlying commodities in accordance with the final terms of the issuance.
The initial prices of the underlying commodities were the following, as announced in a stock exchange announcement on October 17, 2006:
As paying agent, Danske Bank has calculated the final prices of the underlying commodities as follows:
The prices of the underlying commodity components have not declined by more than 25% relative to the prices calculated at the date of issuance. Danske Bank will therefore redeem the notes at a price of 109.75, including the agreed premium of 9.75%.
The notes will be redeemed on October 16, 2007.
Vice President Joachim Fjeldberg 45 14 32 64