Municipality Finance, listing of bond with effect from 24

Copenhagen, 23 October 2007

Municipality Finance - bond listing

It has been decided to admit the following bond for listing with effect from 24 
October 2007:                                                                   

ISIN         Name            Payments per year Maturity date  
DK0030064761 0% MF AGRO 2009 1                 19 October 2009

The bond DK0030064761, will be placed under Erhvervsobligationer in the group   
Erhvervslån under the sub-group X-relateret, Stående lån.                       

For further information, please see the final terms published by Municipality   
Finance.

Municipality Finance, listing of bond with effect from 24 October 2007

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