Nordea Bank Finland Plc will launch 57 new warrant series on 4 May 2007 under its warrant programme. The underlying asset of the warrants is Nokia share (NOK1V), Fortum share (FUM1V), Nordea Bank FDR (NDA1V), Stora Enso R share (STERV), UPM-Kymmene share (UPM1V), Neste Oil share (NES1V), Outokumpu share (OUT1V), Elisa share (ELI1V) and Sampo Oyj:n A share (SAMAS). The warrants are European call and put warrants. In all warrants five (5) warrants refer to one (1) underlying share. The warrants are redeemed by cash payment. Upon expiry of a warrant, the possible net value is paid in cash to the holder of the warrant. WARRANT-SPECIFIC TERMS AND CONDITIONS The warrant-specific terms and conditions of all warrants now issued are part of the prospectus of Nordea Bank Finland Plc dated 9 October 2006 concerning the bank's warrant programme. The terms and conditions of issue of these warrants are included in the above mentioned prospectus. These warrant specific conditions are to be applied in a conflict situation. Issuer Nordea Bank Finland Plc Underlying asset Nokia (NOK1V) Fortum (FUM1V) Nordea Bank (NDA1V) Stora Enso R (STERV) UPM-Kymmene (UPM1V) Neste Oil (NES1V) Outokumpu (OUT1V) Elisa (ELI1V) Sampo A (SAMAS) Warrant price at the time of issue Market based Multiplier 1/5 Five warrants refer to one share Warrant lot 1 warrant Currency EUR Calculation of expiration value The official closing price of the underlying asset published by the Helsinki Stock Exchange on the last trading date of the warrant. Number of warrants Minimum 100,000 and maximum 30,000,000 based on demand in respect each underlying asset. (Nordea Bank Finland Plc is entitled to increase the number to exceed the above mentioned). Market maker Nordea Bank Finland Plc Nordea Bank Finland Plc undertakes to provide bid and ask quotation for the warrants during the time the warrant is subject to public trading. The undertaking is valid in the continuous trading of the stock exchange. Quotations concern a minimum of one thousand (1000) warrants. The difference between bid and ask quotation is at the most: 10 cent, if the bid quotation is less than EUR 2.00 20 cent, if the bid quotation is more than or equal to EUR 2.00 No bid quotation is given for warrants the market value of which is less than one (1) cent. The market maker reserves right for temporary disruptions in market making undertaking when hedging its own position or during a technical error. If the disruption will be prolonged, the market maker will inform about this in the market place. The market maker is entitled to define the values of the parameters affecting the market making quotation. Nordea Bank Finland Plc is not liable to maintain the market making undertaking if trading with the underlying shares has ceased. Collateral No collateral Compulsory claim for redemp- tion No Redemption Cash payment of the net value Redemption fee 1.5% of net value Settlement of the warrant Normal trading: as in equity trading: T + 3 banking days Redemption: T+3 from the reconciliation date Additional information on the underlying asset and underlying company Additional information on the company and the development of the value of the underlying company is available on the website of the Helsinki Stock Exchange: http://omxgroup.com/nordicexchange/ and on the website of the underlying company: (www.nokia.com, www.elisa.fi, www.fortum.fi, www.nordea.com, www.outokumpu.com, www.sampo.com, www.upm-kymmene.com, www.nesteoil.fi, www.storaenso.com). Additional information on the volatility of the underlying asset is available from the issuer, tel. +358 9 369 49134. The investors should analyse information on the company issuing the share before making decisions on warrants. The warrants to be issued Underlying Name ISIN code Type of Exer Issue Last Recon- Payment share warrant cise date trading cilia- of net price date tion date value Elisa 7RELIEW210 FI0009638191 Put-E 21 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Elisa 7FELIEW220 FI0009638209 Call-E 22 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Elisa 7FELIEW230 FI0009638217 Call-E 23 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Elisa 7FELIEW240 FI0009638225 Call-E 24 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Elisa 7UELIEW200 FI0009638233 Put-E 20 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Elisa 7IELIEW220 FI0009638241 Call-E 22 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Elisa 7IELIEW240 FI0009638258 Call-E 24 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Elisa 7IELIEW260 FI0009638266 Call-E 26 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Fortum 7RFU1EW220 FI0009637888 Put-E 22 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Fortum 7UFU1EW200 FI0009637896 Put-E 20 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Fortum 7UFUMEW220 FI0009637904 Put-E 22 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Fortum 7IFU2EW230 FI0009637912 Call-E 23 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Fortum 7IFU1EW250 FI0009637920 Call-E 25 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Neste 7UNE1EW230 FI0009638068 Put-E 23 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Neste 7UNESEW250 FI0009638076 Put-E 25 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Neste 7INE1EW270 FI0009638084 Call-E 27 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Neste 7INE1EW290 FI0009638092 Call-E 29 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Nokia 7RNO1EW170 FI0009637763 Put-E 17 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Nokia 7SNOKEW170 FI0009637771 Put-E 17 4.5.2007 20.7.2007 27.7.2007 1.8.2007 Nokia 7SNOKEW180 FI0009637789 Put-E 18 4.5.2007 20.7.2007 27.7.2007 1.8.2007 Nokia 7GNOKEW180 FI0009637797 Call-E 18 4.5.2007 20.7.2007 27.7.2007 1.8.2007 Nokia 7GNO1EW190 FI0009637805 Call-E 19 4.5.2007 20.7.2007 27.7.2007 1.8.2007 Nokia 7GNOKEW200 FI0009637813 Call-E 20 4.5.2007 20.7.2007 27.7.2007 1.8.2007 Nokia 7TNOKEW170 FI0009637821 Put-E 17 4.5.2007 17.8.2007 24.8.2007 29.8.2007 Nokia 7TNOKEW180 FI0009637839 Put-E 18 4.5.2007 17.8.2007 24.8.2007 29.8.2007 Nokia 7HNOKEW180 FI0009637847 Call-E 18 4.5.2007 17.8.2007 24.8.2007 29.8.2007 Nokia 7HNOKEW190 FI0009637854 Call-E 19 4.5.2007 17.8.2007 24.8.2007 29.8.2007 Nokia 7HNOKEW200 FI0009637862 Call-E 20 4.5.2007 17.8.2007 24.8.2007 29.8.2007 Nokia 7UNO1EW170 FI0009637870 Put-E 17 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Nordea 7UNDAEW110 FI0009637938 Put-E 11 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Nordea 7UNDAEW120 FI0009637946 Put-E 12 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Nordea 7IND1EW120 FI0009637953 Call-E 12 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Nordea 7IND2EW130 FI0009637961 Call-E 13 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Nordea 7INDAEW140 FI0009637979 Call-E 14 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Outo kumpu 7ROUTEW240 FI0009638100 Put-E 24 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Outo kumpu 7ROUTEW250 FI0009638118 Put-E 25 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Outo kumpu 7FOUTEW260 FI0009638126 Call-E 26 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Outo kumpu 7FOUTEW280 FI0009638134 Call-E 28 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Outo kumpu 7UOUTEW230 FI0009638142 Put-E 23 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Outo kumpu 7UOUTEW240 FI0009638159 Put-E 24 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Outo kumpu 7IOUTEW250 FI0009638167 Call-E 25 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Outo kumpu 7IOUTEW260 FI0009638175 Call-E 26 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Outo kumpu 7IOUTEW280 FI0009638183 Call-E 28 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Sampo 7RSAMEW210 FI0009638274 Put-E 21 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Sampo 7FSAMEW230 FI0009638282 Call-E 23 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Sampo 7FSA1EW250 FI0009638290 Call-E 25 4.5.2007 15.6.2007 25.6.2007 28.6.2007 Sampo 7USAMEW220 FI0009638308 Put-E 22 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Sampo 7ISA1EW240 FI0009638316 Call-E 24 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Sampo 7ISAMEW260 FI0009638324 Call-E 26 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Stora Enso 7USTEEW120 FI0009637987 Put-E 12 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Stora Call-E Enso 7IST1EW130 FI0009637995 13 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Stora Call-E Enso 7IST1EW140 FI0009638001 14 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Stora Call-E Enso 7ISTEEW150 FI0009638019 15 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Upm 7UUP2EW180 FI0009638027 Put-E 18 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Upm 7IUP1EW190 FI0009638035 Call-E 19 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Upm 7IUPMEW200 FI0009638043 Call-E 20 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Upm 7IUPMEW220 FI0009638050 Call-E 22 4.5.2007 21.9.2007 28.9.2007 3.10.2007 Helsinki, 2 May 2007 NORDEA BANK FINLAND PLC Tommi Saarnio For further information, please contact Tommi Saarnio tel. +358-9-369 49354.
NORDEA BANK FINLAND ISSUES 57 NEW WARRANT SERIES
| Source: Nordea Pankki Suomi Oyj