Merger of Nykredit Bank A/S and Nykredit Portefølje Bank A/S
As stated in our stock exchange announcement dated 12 April 2007, the boards of
directors of Nykredit Bank A/S and its wholly-owned subsidiary Nykredit
Portefølje Bank A/S adopted a merger plan according to which the companies will
merge with effect from 1 January 2007. The merger plan and merger statement
have, together with the valuer's statement, been submitted to the Danish
Commerce and Companies Agency.
The merger, which is a vertical merger with Nykredit Bank A/S as the surviving
company, has now been finally adopted at the board meetings of the companies
held on 11 June 2007 and notified to the Danish Commerce and Companies Agency.
Only the approval of the Danish Financial Supervisory Authority is now pending.
Nykredit Portefølje Administration A/S, which has so far been a subsidiary of
the discontinuing company, will in future be a subsidiary owned directly by
Nykredit Bank A/S.
Questions about the merger may be addressed to Kim Duus, Managing Director,
Nykredit Bank A/S, tel +45 44 55 10 25.
Yours sincerely
Nykredit Bank A/S
