Result of the auction of 4.50% 15/11 2039

| Source: Danmarks Nationalbank Danmarks Nationalbank 

Bids, sales and cut-off price are presented in the table below:

Stock 
exchange code            Bid
                         Mill.kr.
                         (nominal)     Sale      Cut-off price      Pro-rate
9922320                   43,100       29,180        98.10           100%
DGB 4.50 15/11/2039				
	
Settlement date: 14 November 2008.