Nordea Bank Finland Plc: The demerger of Nordea Bank Finland Plc has been completed on 1 October

The Board of Directors of Nordea Bank Finland Plc has approved and signed a
demerger plan on 4 February 2016 according to which Nordea Bank Finland Plc will
demerge so that all its assets, liabilities and reserves relating to the covered
bond funding business are transferred to a new acquiring company, Nordea
Mortgage Bank Plc, to be incorporated in conjunction with the demerger. The
demerger plan was approved by an extraordinary general meeting of Nordea Bank
Finland Plc on 3 March 2016 and is conditional on the acquiring company
obtaining a mortgage credit bank licence in accordance with Section 5 of the
Covered Bond Act (688/2010, as amended) as well as an authorisation as a credit
institution as referred to in Section 7 of the Act on Credit Institutions
(610/2014, as amended). According to the demerger plan the planned registration
date was 1 July 2016. As was communicated on 28 June 2016, the conditions would
not be met by 1 July 2016 and the registration of the implementation of the
demerger was postponed.
On 15 August 2016, the European Central Bank granted Nordea Mortgage Bank Plc a
mortgage credit bank licence as well as an authorisation as a credit institution
and thus, the conditions for the demerger have now been met.
The Finnish Trade Register has on 1 October 2016 registered the implementation
of the demerger and Nordea Mortgage Bank Plc has on such date consequently been
incorporated and commenced its operations.
Furthermore, an extraordinary general meeting of Nordea Mortgage Bank Plc on 1
October 2016, appointed Hanna-Maria Heikkinen as a Member of the Board of
Directors of Nordea Mortgage Bank Plc. As of 1 October 2016, the Board of
Directors of Nordea Mortgage Bank Plc consists of the following persons:

+---------------------+--------------+--------------------------------+
|NAME                 |YEAR OF BIRTH/|POSITION                        |
|                     |MEMBER SINCE  |                                |
+---------------------+--------------+--------------------------------+
|Topi Manner          |1974/2016     |Chairman                        |
+---------------------+--------------+--------------------------------+
|Riikka Laine-Tolonen |1966/2016     |Member of the Board of Directors|
+---------------------+--------------+--------------------------------+
|Jussi Mekkonen       |1972/2016     |Member of the Board of Directors|
+---------------------+--------------+--------------------------------+
|Nina Luomanen        |1969/2016     |Member of the Board of Directors|
+---------------------+--------------+--------------------------------+
|Ola Littorin         |1962/2016     |Member of the Board of Directors|
+---------------------+--------------+--------------------------------+
|Hanna-Maria Heikkinen|1979/2016     |Member of the Board of Directors|
+---------------------+--------------+--------------------------------+

For further information, please contact:
Andreas Larsson, Senior Investor Relations Officer, Head of Debt IR and ratings
+46 709 70 75 55
or
Thomas Miller, CEO, Nordea Mortgage Bank Plc
+358 40 864 4554