Company announcement no 23, 2010 - Addendum to Base Prospectus for SDRO


This Supplement to Nordea Kredit's Base Prospectus for covered mortgage bonds
dated 8 October 2007 is published in conjunction with the company's annual
report for 2009 on 10 February 2010. This Supplement also includes amendments to
Nordea Kredit's supplement to the Base Prospectus for covered mortgage bonds
dated 3 November 2008.

For further information please contact:

Ole Andersen

+45 33 33 34 07



[HUG#1389558]


Attachments

Addendum to Base Prospectus.pdf