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Final value and redemption amount for DBSX5E10S 10

Company Announcement No 4/2010

Final value and redemption amount for DBSX5E10S 10

On March 10, 2008, Danske Bank issued equity-linked notes related to the index Dow Jones EURO STOXX 50®. The notes are designated DBSX5E10S 10 (ISIN DK0030088943).

Defined expressions and terms in the Applicable Final Terms dated March 6, 2008 have the same meaning in this company announcement.

In accordance with the Applicable Final Terms, Danske Bank as Calculation Agent has determined the final index value (Index Final), equal to the arithmetic average of the index values on March 15, 2010, March 16, 2010, March 17, 2010, March 18, 2010 and March 19, 2010, respectively, to be:

March 15, 2010 2870.55
March 16, 2010 2905.93
March 17, 2010 2931.31
March 18, 2010 2913.74
March 19, 2010 2897.95

The initial index value, Index Initial, was determined by the Calculation Agent on March  10, 2008 to be 3546.10.

On the basis of the initial and final index values, the Calculation Agent has calculated the Final Redemption Amount to be DKr 10,000 per nominal amount of DKr 10,000.

The notes mature on April 12, 2010.

For further information about the notes we refer to the Applicable Final Terms published on the NASDAQ OMX Copenhagen A/S website on March 6, 2008.

Danske Bank A/S

Contact persons:
Senior Vice President, Peter Kjær Holm, phone +45 45128485
Senior Vice President, Cato Baldvinsson, phone +45 45128410