Company Announcement no. 72, 2015 - Fixing of coupons with effect as from 1 July 2015

The coupons for the FRNs listed below will change taking effect 1 July 2015. The
new coupons will be in force from 1 July 2015 - 31 December 2015.

The interest rates below have been fixed in accordance with the information
provided in company announcements no. 24 and 52, 2015. In these company
announcements Nordea Kredit announced that any negative interest rate for the
bonds listed below will be passed on to the borrowers with loans funded by these
bonds. Covered mortgage bonds opened for issuance before 19 May 2015 have an
interest rate floor of 0 per cent meaning that investors in such bonds will not
be charged any negative interest rates for these bonds.

FRNs without interest rate cap, CITA6, ISIN-codes:                       Yield
DK0002029594, maturity 2016, new coupon as per 1 July 2015:     0.00% p.a.
DK0002032549, maturity 2018, new coupon as per 1 July 2015:     0.00% p.a.
DK0002033356, maturity 2018, new coupon as per 1 July 2015:     0.09% p.a.

FRNs without interest rate cap, CIBOR6, ISIN-codes:
DK0002029248, maturity 2016, new coupon as per 1 July 2015:     0.00% p.a.
DK0002032622, maturity 2018, new coupon as per 1 July 2015:     0.00% p.a.
DK0002033430, maturity 2018, new coupon as per 1 July 2015:     0.07% p.a.
FRNs with a 5 per cent interest rate cap, CF / CF OA, ISIN-codes
DK0002026731, maturity 2021, new coupon as per 1 July 2015:     0.4650% p.a.
DK0002026814, maturity 2021, new coupon as per 1 July 2015:     0.4650% p.a.
FRNs with a 3.5 per cent interest rate cap, CF OA, ISIN-code:
DK0002032705, maturity 2025, new coupon as per 1 July 2015:     0.4150% p.a.
Questions can be directed to Ole Hansen on phone no. +45 55 47 38 69.

Yours faithfully

Nordea Kredit Realkreditaktieselskab