15 May 2008 – Company announcements

Danske Bank issues currency-linked notes

Company Announcement No 17/2008

Dansk Bank issues two types of notes linked to the USD/DKK exchange rate.

On April 28, 2008, Danske Bank announced its decision to issue two types of notes linked to the USD/DKK exchange rate (ISINs DK0030101555 and DK0030101639). The notes are designated 2% Merchant US Dollar 2011 and 0% Merchant US Dollar 2011 Offensiv.

Danske Bank will issue 2% Merchant US Dollar 2011 notes corresponding to the subscribed nominal amount of DKK23,000,000.

Danske Bank will issue 0% Merchant US Dollar 2011 Offensiv notes corresponding to the subscribed nominal amount of DKK505,000,000.

The notes will be issued on May 16, 2008, and will mature on May 16, 2011. The notes will be registered with the Danish VP Securities Services, and Danske Bank will file an application for the listing of the notes on OMX Nordic Exchange Copenhagen A/S as of May 16, 2008.

The notes are denominated in Danish kroner. The 2% Merchant US Dollar 2011 notes have a coupon of 2%, whereas the 0% Merchant US Dollar 2011 Offensiv notes are zero-coupon notes.

The notes are issued at par and will be redeemed at maturity at a price reflecting the trend in the underlying currency pair. The notes will not be redeemed at a price below par.

The Applicable Final Terms, published on May 15, 2008, explain in more detail the terms of these issues.

Related news

General
The information and documents on this website are for information purposes only and shall not be considered as an offer nor as an invitation to subscribe to or to purchase securities or any other investment product, nor as advice within the meaning of the Markets in Financial Instruments Directive. In no event should it be considered as a solicitation of business or a public offer. As such the information and documents shall not serve as a basis for any kind of obligation, contractual or otherwise.
The information is based on sources that are deemed to be viable. Danske Bank endeavours to ensure that the information is accurate and up-to-date, and reserves the right to make corrections to the content at any time, without prior notice. However, Danske Bank cannot guarantee that such information is complete or that it has not been modified by an outside party, by means of a virus or system intrusion, for example. No information on this website may be construed as such a guarantee.

Liability waiver
Danske Bank or any contributor to this website shall not be liable for any specific or consequential loss or damages that result from the access to or use of, or the inability to access or use, the materials on this website.
You are aware that the use and interpretation of this information requires specific and in-depth knowledge of financial markets and that you shall remain solely responsible for the information and results obtained on the basis of this information. Furthermore it is your responsibility to verify the integrity of any information obtained via the Internet.

Local restrictions
The information on this website is directed at individuals and companies that due to their nationality, place of registered office, or domicile, or for other reasons are governed by the laws of a country that allows unlimited access to this website.
You are aware that you must ensure that you are legally authorised to access this website in the country from which you are making the Internet connection.
None of the information relating to financial instruments presented on this website, nor a copy of it, may be provided, distributed or transmitted in any way to third parties, in particular in the US, Canada or other jurisdictions in which such offers or sales promotions are not allowed, without the prior written permission of Danske Bank.