The international rating agency Moody's has placed Danske Bank's Aa1 rating under review for a possible downgrade. Danske Bank still has high ratings with Fitch, Moody's and Standard & Poor's. A possible downgrade by Moody's is not expected to affect the Group's funding situation. Danske Bank's senior debt is covered by the Danish government guarantee in force until September 30, 2010, according to the Danish Act on Financial Stability of October 10, 2008. The Act covers Danske Bank and most of the other banks in Denmark.