Major shareholder announcement - Danske Bank A/S

Company Announcement No. 60/2016

In accordance with section 29 of the Danish Securities Trading etc. Act and Executive Order No. 1256 of 4 November 2015 on Major Shareholders, we disclose that at 28 December 2016, Danske Bank holds, through direct and indirect holdings, 49,190,965 shares in Danske Bank A/S, corresponding to 5.0004% of the shares and the voting rights of Danske Bank A/S.

The holding of own shares is attributable mainly to the DKK 9 billion share buy-back programme launched by Danske Bank on 4 February 2016. Described in detail in company announcement No. 1 of 2 February 2016, the programme will be completed by 3 February 2017.

The Board of Directors intends to propose to the general meeting in 2017 that the shares be cancelled.

Yours faithfully Danske Bank A/S

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