New rates of Nykredit ARMs subject to annual refinancing on 1 October

Nykredit has finalised the auctions in connection with the interest rate
adjustment 
of Nykredit's adjustable-rate mortgages (ARMs) subject to annual interest rate
adjustment on 1 October. 

The new cash loan rates of loans subject to interest rate adjustment based on
the 
refinancing principles "10-day average price" and "auction price" are 4.619% and
4.575%, respectively. For detailed auction results, please refer to the
attached appendices. 

Inquiries may be addressed to Henrik Hjortshøj-Nielsen, Executive Vice
President, 
Group Treasury, tel +45 44 55 10 40, or Nels Petersen, Head of Corporate
Communications, tel +45 44 55 14 70/+45 20 22 22 72.