The Danish Financial Supervisory Authority
23 February 2010
Transactions made by persons obliged to report to the CSE. Report No. 03/2010
The following changes have taken place in the shareholding of Danske Bank shares
of the person mentioned below who, under the Danish Securities Trading Act, is
under a duty to report such changes.
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| Name | Tonny Thierry Andersen |
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| Reason | Member of the Executive Board |
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| Issuer | Danske Bank A/S |
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| ID Code | DK0010274414 |
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| Designation | Shares |
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| Nature of Transaction | Exercise of a purchase right as part of |
| | share-based payment, conditional shares |
| | granted in 2007 |
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| Trade Date | 22.02.2010 |
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| Market | Danske Bank |
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| Number | 1,523 |
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| Market price (DKK) | 191,288.80 (Closing price 22.02.2010) |
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