Company Announcement No. 27, 2011 - Fixing of coupon with effect as from 1 April 2011

The coupon for the ARM listed below will be changed taking effect 1 April 2011.
The new coupon will be in force from 1 April 2011 - 30 June 2011.

ARM without interest rate cap, EURIBOR3:

ISIN-code
DK0002017078, maturity 2018, new coupon as per 1 April 2011:  1,2197 % p.a.

Questions can be directed to René Boesen on phone no. +45 33 33 25 26.


Yours faithfully

Nordea Kredit Realkreditaktieselskab

[HUG#1500138]