Positive outlook for Danske Bank’s rating from Standard & Poor’s

Announcement No. 21/2012

Positive outlook for Danske Bank’s rating from Standard & Poor’s
Standard & Poor’s Services (S&P) has revised its outlook for the Danske Bank Group's rating from stable to positive. The Bank’s rating was changed from A-/Stable/A-2 to A-/Positive/A-2.

The revision was in response to the Bank’s capital increase of just over DKK 7 billion on Wednesday, 31 October 2012.

"The purpose of the capital increase was among other things to accelerate a possible improvement in the Group’s ratings, and the improved outlook from Standard & Poor’s is a step in the right direction," says Henrik Ramlau-Hansen, CFO and Member of the Bank’s Executive Board.

Danske Bank A/S

Contact persons:
Henrik Ramlau-Hansen, Chief Financial Officer, tel. +45 45 14 06 66
Martin Gottlob, Head of Investor Relations, tel. +45 45 14 07 92