Nordea Bank AB (publ) will launch 3 new warrant series on 22 November 2007 under its warrant programme. The underlying asset of the warrants is Nokia share (NOK1V). The warrants are call and put Turbo Warrants. In all warrants one (1) warrant refers 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 All Turbo Warrants are issued under the warrant programme of Nordea Bank AB (publ) dated 29 May 2007. The base prospectus for the warrant programme and the final terms for each turbo warrant serie are available at the issuer's website: www.nordea.fi/warrantit. The following terms only summarize the final terms and the base prospectus. Issuer Nordea Bank AB (publ) Instrument name Turbo Warrant (call / put) Underlying asset Nokia (NOK1V) Barrier Reference Most recent transaction prices during continuous Price trading quoted on a Reference Source commencing from the Listing Date up to and including the Closing Date. The Bank reserves the right to determine whether a level is reasonable and may thereby constitute a Barrier Reference Price. Cash Settlement Where the Barrier Reference Price on a trading amount day on the Reference Source is equal to or lower than the Barrier Level (Turbo Call Warrant) or equal to or higher than the Barrier Level (Turbo Put Warrant), the Turbo Warrant becomes worthless and no Cash Settlement Amount is paid out. In other cases: Turbo Call Warrant: (Closing Price - Strike Price) x Multiplier Turbo Put Warrant: (Strike Price - Closing Price) x Multiplier Closing Price Reference Price on Closing Price Determination Date. Closing Price The earlier of Closing date in Table 2 or for: Determination Date Turbo Call Warrants: The trading day with respect to which a barrier Reference Price is listed equal to or lower than the Barrier Level. Turbo Put Warrants: The trading day with respect to which a barrier Reference Price is listed equal to or higher than the Barrier Level. Market place and OMX Nordic Exchange Helsinki Reference Source Reference price Official closing determination method Exercise procedure The Bank carries out automatic cash settlement Listing currency EUR Total number of 50.000.000 warrants per warrant serie warrants Trading lot 1000 warrants 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 warrants. The difference between bid and ask quotation is at the most: 10 cent, if the ask quotation is less than EUR 2.00 20 cent, if the ask 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. Additional Additional information on the company and the information on the development of the value of the underlying underlying asset and company is available on the website of the OMX underlying company Nordic Exchange Helsinki: http://omxgroup.com/nordicexchange/ and on the website of the underlying company: www.nokia.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: Table 1: Turbo Turbo Warrant Underlying Underlying Additional Warrant ISIN code instrument instrument Information Trading code ISIN code on the company 8ANOKEW24T FI0009643613 Nokia Oyj FI0009000681 www.nokia.com 8ANO2EW25T FI0009643621 Nokia Oyj FI0009000681 www.nokia.com 8MNOKEW32T FI0009643639 Nokia Oyj FI0009000681 www.nokia.com Table 2: Turbo Warrant Trading Strike Barrier Closing Settlement code price level Type Multiplier Issue date date Date 8ANOKEW24T 24 24 C 1 22.11.2007 18.1.2008 30.1.2008 8ANO2EW25T 25 25 C 1 22.11.2007 18.1.2008 30.1.2008 8MNOKEW32T 32 32 P 1 22.11.2007 18.1.2008 30.1.2008 Helsinki, 20 November 2007 NORDEA BANK AB (publ) Tommi Saarnio For further information, please contact Tommi Saarnio tel. +358-9-369 49354.
Nordea Bank AB (publ) issues 3 new warrant series on 22 November 2007
| Source: Nordea Bank AB (publ.)