Company Announcement No. 116, 2014 – Addendum to Nordea Kredits final terms

The following security code has been added to the final terms of variable
interest rate callable and non-callable covered mortgage bonds (SDRO):

Annuity bond (capped floating-rate) with interest rate reset on 1/1 and 1/7
(CIBOR6+spread) rounded to 4 decimals, interest-only option of 1-10 years,
(callable at price 105)

ISIN code    Nominal    Name          Interest  Interest  Opening  Closing
Maturity
                                                                           
Curre 
ncy
             interest   rate          rate      date      date     date
             rate       spread        cap
             (initial)
DK000203270  0,83%      NDA3,5CF25RF  0,40%     3,50%     14/11    30/04
01/07
-5                                                        -2014    -2025
-2025
                                                                            DKK

The Bond are subject to new Legislation, with the Danish Parliament’s adoption
of amendments to the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc
Act and the Danish Financial Business Act regarding regulation of refinancing
risk for covered mortgage bonds etc on 11 March 2014.

Reference is otherwise made to the attached final terms.
Questions can be directed to Jakob Dueholm Bach on phone no. +45 33 33 58 58.

Yours faithfully
Nordea Kredit Realkreditaktieselskab