Final outcome of Nordea's rights offering

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, AUSTRALIA, CANADA, JAPAN OR HONG KONG.

The final outcome of Nordea's rights offering shows that
1,415,564,378 shares, representing 99.0% of the total number of
shares offered in the rights offering, were subscribed for with
subscription rights. The remaining 14,495,146 shares, or 1.0% of the
rights offering, that were not subscribed for with subscription
rights will be allocated to those subscribers that exercised their
subscription rights, according to principles described in the
prospectus.

A notification will be sent on or around 22 April 2009 to confirm the
allotment of new shares to those subscribers who subscribed for the
new shares without subscription rights.

Paid subscribed shares will be traded on the NASDAQ OMX Nordic
Exchange in Copenhagen, Helsinki and Stockholm until 20 April 2009.
The paid subscribed shares are expected to be registered as ordinary
shares with Euroclear Finland on 20 April 2009 and with Euroclear
Sweden and VP Securities in Denmark on 24 April 2009.

As a result of the rights offering, the number of ordinary shares
will increase by 1,430,059,524 shares to 4,030,167,751 shares and the
share capital will increase by EUR 1,430,059,524 to
EUR 4,030,167,751. The total net proceeds of the rights offering will
amount to approximately EUR 2.5bn.

J.P. Morgan, Merrill Lynch International and Nordea Markets acted as
Joint Global Coordinators and Joint Bookrunners of the rights
offering.

For further information:

Fredrik Rystedt, Chief Financial Officer, +46 8 614 7812
Johan Ekwall, Head of Investor Relations, +46 8 614 7852

The information above has been made public according to the Swedish
Securities Market Act (2007:528) and the Swedish Financial
Instruments Trading Act (1991:980). This information was published at
14:00 CET on 17 April 2009.

DISCLAIMERS

This press release is not an offer for subscription for shares in
Nordea. A prospectus relating to the rights offering referred to in
this press release and the subsequent listing of the ordinary shares
at NASDAQ OMX Stockholm, Helsinki and Copenhagen has been filed with,
and approved and registered by, the Swedish Financial Supervisory
Authority and is available on, inter alia, Nordea's website.



NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, AUSTRALIA, CANADA, JAPAN OR HONG KONG.


The distribution of this press release in certain jurisdictions may
be restricted. This press release does not constitute an offer of, or
an invitation to purchase, any securities of Nordea in any
jurisdiction.

This press release does not constitute or form part of an offer or
solicitation to purchase or subscribe for securities in the United
States. The securities referred to herein may not be sold in the
United States absent registration or an exemption from registration
under the US Securities Act of 1933, as amended. Nordea Bank AB
(publ) does not intend to register any portion of the offering of the
securities in the United States or to conduct a public offering of
the securities in the United States. Copies of this announcement are
not being made and may not be distributed or sent into the United
States, Canada, Australia, Japan or Hong Kong.

This communication is directed only at (i) persons who are outside
the United Kingdom or (ii) persons who have professional experience
in matters relating to investments falling within Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005 (the "Order") and (iii) high net worth entities, and other
persons to whom it may lawfully be communicated, falling within
Article 49(2) of the Order (all such persons together being referred
to as "relevant persons"). Any investment activity to which this
communication relates will only be available to and will only be
engaged with, relevant persons. Any person who is not a relevant
person should not act or rely on this document or any of its
contents.

Nordea has not authorized any offer to the public of shares or rights
in any Member State of the European Economic Area other than Sweden
and any other jurisdiction into which the offering of shares or
rights has been passported. With respect to each Member State of the
European Economic Area other than Sweden (and any other jurisdiction
into which the offering of shares or rights has been passported) and
which has implemented the Prospectus Directive (each, a "Relevant
Member State"), no action has been undertaken to date to make an
offer to the public of shares or rights requiring a publication of a
prospectus in any Relevant Member State. As a result, the shares or
rights may only be offered in Relevant Member States (a) to legal
entities which are authorized or regulated to operate in the
financial markets or, if not so authorized or regulated, whose
corporate purpose is solely to invest in securities; (b) to any legal
entity meeting two or more of the following criteria: (1) an average
of at least 250 employees during the last financial year; (2) a total
balance sheet of more than EUR 43 million and (3) an annual net
turnover of more than EUR 50 million, as shown in its last annual or
consolidated accounts; or (c) in any other circumstances, not
requiring Nordea to publish a prospectus as provided under Article
3(2) of the Prospectus Directive.

For the purposes hereof, the expression an "offer to the public of
shares or rights" in any Relevant Member State means the
communication in any form and by any means of sufficient information
on the terms of the offer and the shares and rights to be offered so
as to enable an investor to decide to purchase any securities, as the
same may be varied in that Member State by any measure implementing
the Prospectus Directive in that Member State and the expression"Prospectus Directive" means Directive 2003/71/EC and includes any
relevant implementing measure in each Relevant Member State.

J.P. Morgan and Merrill Lynch International are acting exclusively
for Nordea and no one else in connection with the rights offering.
They will not regard any other person (whether or not a recipient of
this release) as their respective clients in relation to the rights
offering and will not be responsible to anyone other than Nordea for
providing the protections afforded to their respective clients nor
for giving advice in relation to the rights offering or any
transaction or arrangement referred to herein.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, AUSTRALIA, CANADA, JAPAN OR HONG KONG.


No representation or warranty, express or implied, is made by J.P.
Morgan and Merrill Lynch International as to the accuracy,
completeness or verification of the information set forth in this
release, and nothing contained in this release is, or shall be relied
upon as, a promise or representation in this respect, whether as to
the past or the future. J.P. Morgan and Merrill Lynch International
assume no responsibility for its accuracy, completeness or
verification and, accordingly, disclaim, to the fullest extent
permitted by applicable law, any and all liability which they might
otherwise be found to have in respect of this release or any such
statement.