FB Finansielle Aktier Basis 2008/2009


OMX Nordic Exchange Copenhagen A/S                                              
Listing Department                                                              
Nikolai Plads 6                                                                 
Postboks 1040                                                                   
DK-1007 København K                                                             


                                                                     28 May 2008



Dexia Banque Internationale à Luxembourg S.A. issue of NOK Equity Linked Note,  
“FB Finansielle Aktier Basis 2008/2009“ due 30 June 2009. Issued pursuant to the
EUR 10,000,000,000 Euro Medium Term Note, Certificate and Warrant Programme.    

Danish ISIN Code: DK0030104492                                                  

Dear Sirs,                                                                      

Dexia Banque Internationale à Luxembourg S.A., is issuing an Equity Linked Note,

FB Finansielle Aktier Basis 2008/2009                                           

in NOK due 30 June 2009 through a public offering. The offering period is from 2
June to 20 June 2008 (both days included).                                      

The maturity is 1 year.                                                         

At maturity the investor receives 100% of the invested Aggregate Nominal Amount 
plus an amount, which is linked to the evolution of 15 global financial         
equities. The maximum redemption price is 100% + XX%. For each equity that      
closes outside the Corridor 2% is deducted from XX%. The redemption price is    
floored at 102%.                                                                

XX% will be fixed at the latest 23 June 2008 according to the market conditions 
that day. If, due to the market conditions, it is not possible to achieve a     
minimum of 14%, the issue will be canceled. An indicative level as of 7 May 2008
is 17%.                                                                         

Dexia Banque Internationale à Luxembourg has arranged this issue and Dexia Bank 
Denmark A/S is acting as paying and listing agent for the OMX Nordic Exchange   
Copenhagen A/S. The sale will take place through Forstædernes Bank A/S.         

The Final Terms issued in relation to the EUR 10,000,000,000 Euro Medium Term   
Note, Certificate and Warrant Programme for the Issuance of Debt Instruments    
will be published through the OMX Nordic Exchange Copenhagen A/S. The financial 
statements of Dexia Banque Internationale à Luxembourg have been published      
together with the Dexia Group results and are available on www.dexia-bil.com and
www.dexia.com or will be forwarded upon request by contacting:                  

Dexia Bank Denmark A/S                                                          
Grønningen 17                                                                   
DK-1270 Copenhagen K                                                            
Attn: Pia Alexandersen                                                          
Phone +45 33 46 11 23                                                           
Fax. +45 33 32 42 01                                                            

Yours Faithfully,                                                               

Dexia Banque Internationale à Luxembourg                                        

By:                                                                             

Jean-Marc Richard	Patrick Casters                                               
Vice President	Senior Vice President