In a Company Announcement dated 6 December 2007 Danske Bank announced that it had finalised a global covered bond programme. Danske Bank has now executed the first issue of covered bonds under this programme. The issue, which amounts to DKK 7 billion, starts on 18 December 2007 and matures on 1 January 2012. Interest is fixed at 2-week CIBOR for the period from 18 December 2007 to 1 January 2008 and subsequently at 3-month CIBOR. The issue price has been fixed at 99.889 % and the bonds will be backed by Cover Pool D.