Result of the auction of 4 per cent 2012

| Source: Danmarks Nationalbank Danmarks Nationalbank 

Bids, sales, cut-off price, pro rata and yield are presented in the table below:


Stock exchange code     Bid
                        Mill.kr.
                        (nominal)   Sale   Cut-off price   Pro rata   Yield
99 22593                 9,980      4,000     106.16       90%        1,55
DGB 4,00 15/11/2012      

Settlement date: 16th April 2010