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Fixing of index initial of Danske TOPIX 2009

Company Announcement No 25/2007

On 17 December 2007, Danske Bank issued equity-indexed notes linked to the Japanese TOPIX index, Tokyo (ISIN DK0030073408). The notes are designated Danske TOPIX 2009.

As payment agent, Danske Bank has fixed the index initial at 1,472.70.

For further information about the above issue, we refer to Applicable Final Terms published through Company News on 14 December 2007.

Danske Bank A/S