On 13 July 2009, Nykredit Bank A/S issues a new structured bond ("0% FB Globale
Aktier 2012") with a maturity of three years. The issue has been arranged by
Nykredit Bank A/S. 

The bonds do not pay interest, but will generate a variable return from 13 July
2009 to 13 July 2012, both dates included. This return is calculated on the
basis of the development in a basket containing six global equities. The return
cannot exceed 60%. The bonds will be redeemed at maturity at par (100) as a

The bonds are issued at a price of a maximum of DKK 105. The issue price will
be fixed on 6 July 2009 and will subsequently be published on NASDAQ OMX
Copenhagen A/S. 

The subscription period for the bonds is 10 June 2009 to 3 July 2009, both
dates included. The size of the initial issue will be determined on 6 July

Settlement of the bonds will take place three banking days after registration
with VP Securities A/S. 

An application for admission of the bonds to trading on NASDAQ OMX Copenhagen
A/S as at 13 July 2009 will be made, subject to a minimum subscription for a
nominal DKK 10m. The bonds will be redeemed in full on 13 July 2012. The bonds
have the following ISIN: DK0030174008. 

A prospectus has been prepared in connection with the issue, which may be
obtained from Nykredit Bank A/S as from 9 July 2009. The prospectus is also
published via NASDAQ OMX Copenhagen A/S. 

Please address enquiries concerning this prospectus announcement to Claus
Møller, First Vice President, Nykredit Bank A/S, Kalvebod Brygge 1-3, DK-1780
Copenhagen K, tel +45 44 55 12 90. 

Yours sincerely 

Nykredit Bank