Danske Bank will be issuing two series of bonds as supplementary capital in the amount of DKK 4.2 billion. The series include EUR 500 million (DKK 3.7 billion) and DKK 500 million.

The EUR 500 million will be issued on 18 February 2008 and will mature on 18 August 2014. The coupon payable until 18 August 2011 has been fixed at 5.375 per cent p.a. with interest payments on 18 August, commencing on 18 August 2008. From 18 August 2011, the coupon will be fixed at three-month EURIBOR plus a margin of 3.10 per cent. At the same time the Bank may call the issue at par. The issue price is 99.845 per cent.

The DKK 500 million will be issued on 22 February 2008 and will mature on 22 August 2014. The coupon payable until 22 August 2011 has been fixed at 5.50 per cent p.a. with interest payments on 22 August, commencing on 22 August 2008. From 22 August 2011, the coupon will be fixed at three-month CIBOR plus a margin of 3.05 per cent. At the same time the Bank may call the issue at par. The issue price is 99.835 per cent.

Both series will be listed on The Irish Stock Exchange.

Yours faithfully,
Danske Bank

Steen Reeslev

Contact person:
Tonny Thierry Andersen, CFO and Member of the Executive Committee, tel. +45 45 14 07 07