On 21 October 2008 Nykredit Bank A/S issued a new DKK-denominated floating rate bond under its EMTN Programme. The bonds were issued at par and will be redeemed at par at maturity on 30 September 2010. The bonds will be admitted to trading on the OMX Nordic Exchange Copenhagen as from 24 October 2008. The ISIN of the bonds is DK0030117205. The base prospectus has been published through the Luxembourg Stock Exchange (www.bourse.lu), and the Final Terms of the issue will be published through the OMX Nordic Exchange Copenhagen (www.omxnordicexchange.com). Please address any inquiries relating to the bond issue to Nykredit Bank A/S, Kalvebod Brygge 1-3, DK-1780 Copenhagen V, tel +45 44 55 12 90. Yours sincerely Nykredit Bank A/S