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Notification under section 29 of theDanish Securities Trading Act

Original announcement entitled "Notification in accordance with section 29 of the Danish Securities Trading Act".

May 13, 2003

Stock Exchange Announcement No. 12/2003

In accordance with section 29 of the Danish Securities Trading Act, we hereby announce that the Danske Bank Group, including the Danica companies, owns 36.689.286 shares of DKK 10 each, or 5.0 % of the total share capital of Danske Bank.

As decided at the Bank’s annual general meeting on March 25, 2003, 20,324,151 of these shares will be cancelled. The cancellation will result in a corresponding reduction of the Bank’s share capital.