Company Announcement No. 120, 2014 - Results of the auction of covered mortgage bonds in Nordea Kredit Realkreditaktieselskab

Nordea Kredit Realkreditaktieselskab has auctioned covered mortgage bonds to
refinance ARMs as per 1 January 2015 from 17 November through 21 November 2014.

For more detailed information please contact Nordea Group Funding, Peter Brag
phone no. +45 3333 1663 or Juho-Pekka Jääskeläinen phone no. +45 3333 1626.

Yours faithfully

Nordea Kredit Realkreditaktieselskab