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Initial value for “Danske Bank Finansaktier 2018”

Company Announcement no. 23/2013

On 18 September 2013, Danske Bank issued notes linked to the performance of ten finan-cial stocks. The notes are designated “Danske Bank Finansaktier 2018” (ISIN NO0010686504).
In accordance with the Applicable Final Terms, Danske Bank as calculation agent deter-mined the initial values for the ten shares on 18 September 2013 to the following:

Name Ticker Initial value (18. sep. 2013)
BNP Paribas BNP FP Equity 50,530
Societe Generale GLE FP Equity 38,025
Citigroup C UN Equity 52,210
Bank of America BAC UN Equity 14,710
UBS UBSN VX Equity 19,310
Unicredit UCG IM Equity 4,812
AXA CS FP Equity 18,210
Banco Santander SAN SM Equity 5,879
Barclays BARC LN Equity 277,200
Lloyds Banking Group LLOY LN Equity 76,250
Additional information about the notes is available in the Applicable Final Terms, which together with the Base Prospectus specify the terms and conditions for the notes. The Ap-plicable Final Terms were published on the NASDAQ OMX Copenhagen A/S website on 16 September 2013.
Danske Bank A/S

Holger Lunden, Global Head of Structured Products, tel. +45 45 14 32 65
Peter Kjær Holm, Senior Vice President, tel. +45 45 12 84 85