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Issuance of 2% bond loans for Danmarks Skibskreditfond  

Original announcement entitled "Danske Bank has arranged issuance of 2% bond loans for Danmarks Skibskreditfond".

July 9, 2003

Stock Exchange Announcement

Since the minimum coupon lowering with effect from July 1, 2003, Danske Bank has arranged issuances totalling over DKr 2 billion in the 2% bond series issued by Danmarks Skibskreditfond.

The bonds are acquired by Danske Bank and resold at the current market price.

The bonds are quoted on the Copenhagen Stock Exchange and registered at VP Securities Services.