Offering at Nykredit and Totalkredit's refinancing auctions


The total bond offering at the Nykredit Group's refinancing auctions
in March 2011 amounts to DKK 90.3bn, of which the total bond
offering covers DKK 77.4bn in DKK-denominated fixed-rate bullet
bonds and DKK 12.9bn in EUR-denominated fixed-rate bullet bonds.

The updated amounts offered and the auction schedule appear from
Appendix 1.

For further information about the auction terms, please refer
to the stock exchange announcement dated 8 February and
nykredit.com/ir.

Questions regarding the bond sale as well as technical matters
may be addressed to Nykredit Realkredit A/S, Group Treasury,
Lars Mossing Madsen, tel +45 44 55 11 66, Christian Mauritzen,
tel +45 44 55 10 14, Pernille Bach Ladevig, tel +45 44 55 10 63 or
Theis Ingerslev, tel +45 44 55 20 21.

Other enquiries may be addressed to Lars Mossing Madsen,
First Vice President, tel +45 44 55 11 66, or Nels Petersen, Head of
Corporate Communications, tel +45 44 55 14 70/+45 20 22 22 72.


Attachments

A5-Endelige mngder UK_mar_2011_02032011.pdf