The expected offering at the Nykredit Group's refinancing auctions in March amounts to DKK 46bn in DKK-denominated fixed-rate bullet bonds and EUR 1bn in EUR-denominated fixed-rate bullet bonds. The updated expected amounts offered and the auction schedule appear from Appendix 1. Borrowers may refinance or prepay loans up to and including today. Please note that the expected amounts offered may still change. Every morning in the auction period, Nykredit will publish the individual ISINs offered on that particular day at nykredit.com/ir. For further information about the auction terms, please refer to the stock exchange announcement dated 17 February and nykredit.com/ir. Questions regarding the bond sales as well as technical issues may be addressed to Christian Mauritzen, tel +45 44 55 10 14 or Lars Mossing Madsen, tel +45 44 55 11 66.