Surveillance Copenhagen Copenhagen, 21 October 2008 Griffin Bonds II NRW A/S - transfer to the observation list NASDAQ OMX Copenhagen A/S has transferred the ISIN code below to the observation list today: ISIN Name DK0030030192 5% Griffin II 2017 The bond has been transferred to the observation list due to the fact that Griffin Bonds II NRW A/S has announced in its annual report for 2007/08 that according to the budgets for the coming years, the company cannot meet its obligation to pay interest for the bond and the fact that the company's equity is negative. For further information, please see the Annual Report of 14 October 2008 from Griffin Bonds II NRW A/S and the announcement from the Special Servicer of 20 October 2008. For further information, please contact: Jeppe Møller Nielsen, Surveillance, tel. +45 33 93 33 66 E OMX NORDIC EXCHANGE COPENHAGEN A/S. P.O. Box 1040. DK-1007 Copenhagen K. DENMARK. Tel. +45 33 93 33 66. Fax +45 33 77 04 89. Visiting Address: Nikolaj Plads 6. CBR. No. 19 04 26 77. E-mail: copenhagen@nasdaqomx.com. www.nasdaqomx.com