Corporate announcement January 29, 2008 Disclosure requirements: selection of country of residence in relation to bonds issued by Danica Pension Pursuant to section 1(4) (see 1(3)(2)) of executive order no. 1172 of 9 October 2007 on issuers' disclosure requirements, we would like to announce that Denmark has been selected as country of residence in relation to bonds issued by Danica Pension Livsforsikringsaktieselskab listed on the Irish Stock Exchange. This means that Danica Pension Livsforsikringsaktieselskab is subject to the requirements of part 7 of the Danish Securities Trading Act and executive orders issued in pursuance thereof that relate to Danica Pension's disclosure requirements vis-à-vis the market. Yours faithfully, Danica Pension Chief Executive Officer Henrik Ramlau-Hansen Contact: Senior Vice President Janne Dyrlev, tel. +45 45 13 13 11