Moody's places Danske Bank's rating under review


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.

Attachments

company announcement no 28 2008.pdf