PRELIMINARY ANNOUNCEMENT OF FINANCIAL STATEMENTS FOR 2007 - THE NYKREDIT BANK GROUP


2007 - IN BRIEF

- Group profit before tax was DKK 1,013m against DKK 877m in 2006
- Profit before tax generated a return on equity of 19.6% against 22.3% in 2006
- Marked earnings growth in Corporate Banking and a satisfactory development
in Retail Banking and Markets & Asset Management 
- The balance sheet stood at DKK 135bn against DKK 107bn at end-2006
- The Bank received new capital in 2007 in the form of equity and subordinate
loan capital totalling DKK 2.2bn 
- The Bank Group's capital adequacy ratio was 11.7% at end-2007 against 10.6%
at end-2006. 

2008 - OUTLOOK

- The Nykredit Bank Group expects a profit before tax in the range of DKK
1,050m-1,150m in 2008. 

INFORMATION ABOUT THE NYKREDIT BANK GROUP

Further information about the Nykredit Bank Group is available at nykredit.com.

Attachments

the nykredit bank group - preliminary announcement of financial statements for 2007.pdf