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Danske Bank A/S issues notes in Turkish lira (TRY)

Company Announcement No 20/2007

Danske Bank A/S has decided to issue a loan for TRY 100,000,000 by way of senior unsecured debt. The Notes are issued with value on 7 December 2007. The loan is a 2-year bullet loan with a nominal rate of interest of 15% maturing on 7 December 2009. The notes are available in denominations of TRY 2,000 (approximately DKK 8,500).

Danske Markets has acquired the notes which will be sold at current market prices. Danske Bank A/S has arranged the issue.

The notes are settled through Euroclear and Clearstream and will be admitted to the official list of OMX Nordic Exchange Copenhagen A/S as from 7 December 2007. The ISIN code is XS0331646884.

The notes are issued under Danske Bank A/S’s EUR 40,000,000,000 Euro Medium Term Note Programme. For more information about the terms for the notes, see the Final Terms published under Company News Services.

The Base Prospectus and the Final Terms with additional information on the issue are available on request from Danske Bank A/S.

Yours faithfully,

Danske Bank A/S

Jens Frederik Nielsen, First Vice President, Danske Markets, tel. +45 45 14 32 70.