Totalkredit A/S publishes addendum to prospectus for the offering of mortgage bonds


Totalkredit A/S publishes addendum to prospectus for the offering of mortgage
bonds in connection with the presentation of the H1 Financial Statements 2007
and in accordance with the Executive Order on the issuance of bonds, balance
principle and risk management (the "Executive Order"). 

Pursuant to section 2 of the Executive Order, Danish mortgage banks are subject
to new requirements with respect to the choice of balance principle governing
the issuance of mortgage bonds which implies that the balance principle applied
up to now with respect to Totalkredit's Capital Centre C must be revised to
comply with legislation. 

The prospectus for the offering of mortgage bonds in Totalkredit's capital
centre will therefore be amended to show that in future the issuance of
mortgage bonds out of Totalkredit's Capital Centre C will comply with part 2 of
the Executive Order (the general balance principle). The amendment takes effect
from 1 October 2007. 

In practice, applying the general balance principle does not imply significant
changes relative to previous announcements concerning Totalkredit's lending
activities out of Capital Centre C. In consequence, Totalkredit has not assumed
any significant further financial risk in relation to the lending and funding
thereof through Totalkredit's Capital Centre C. 

The addendum is available for download at totalkredit.dk.

Questions may be directed at Hans Henrik Andersen, Managing Director,
tel +45 44 55 54 02.

Attachments

totalkredit publishes addendum to prospectus for the offering of mortgage bonds - 16.08.2007.pdf