Danske Bank raises supplementary
capital in Norwegian kroner

December 19, 2005

Stock Exchange Announcement No 18/2005

Danske Bank has raised a floating rate loan in an amount of NKr535m as supplementary capi-tal. The loan is arranged as a bilateral facility starting on December 22, 2005 with final maturity on March 22, 2014.

The interest rate until March 22, 2011, will be three-month NIBOR plus a margin of 0.20 percentage points.

From March 22, 2011, the interest rate will be three-month NIBOR plus a margin of 1.70 percentage points. At the same time, and on each subsequent interest payment date until March 2014, the Bank has the option to repay the loan at par.

The new loan should be viewed in connection with the growth of the Group´s operations.

Contact person:
Tonny Thierry Andersen, CFO and Member of the Executive Committee, tel. +45 33 44 11 47

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