Nordea Bank AB (publ) will launch 12 new max certificates series on
April 10th 2008 under its warrant programme. The underlying assets of
the max certificates are Nokia Oyj (NOK1V), Metso Oyj (MEO1V), Sampo
Oyj (SAMAS) and Kesko Oyj (KESBV) shares. The max certificates are
call certificates. The max certificates are redeemed by cash payment.
Upon expiry of a max certificate, the possible net value is paid in
cash to the holder of the certificate.
Certificate specific terms and conditions
All max certificates 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 warrant and certificate 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 Max Certificate (call)
Underlying asset Nokia (NOK1V), Metso Oyj (MEO1V), Sampo Oyj
(SAMAS) and Kesko Oyj (KESBV) share
Cash Settlement If Closing Price > Max Level:
Amount
Multiplier x Max Level
If Closing Price < Max Level:
Multiplier x Closing Price
Closing Price Reference Price on Closing Price Determination
Date.
Closing Price Official Closing price on Expiration Date/Final
Determination Date Trading Day
Market place OMX Nordic Exchange Helsinki
Reference Source OMX Nordic Exchange Helsinki
Reference price Official closing price provided by OMX Nordic
determination Exchanges Helsinki.
method
Exercise procedure The Bank carries out automatic cash settlement
Listing currency EUR
Total number of 500 000 - 1 000 000 depending on the certificate
certificates serie (see Table 2 below)
Trading lot 1 certificate
Market maker Nordea Bank Finland Plc operates as the Market
Maker.
Market Maker undertakes to provide bid and ask
quotation for the certificates during the time
certificates are subject to public trading. The
undertaking is valid in the continuous trading of
the stock exchange.
The difference between bid and ask quotation is at
most (maximum spread):
Two (2) percent but no less than EUR 0,10.
Quotations concern a minimum amount of one
thousand certificates. Market Maker is entitled to
define the values of the parameters affecting the
market making quotation. Market Maker is not
liable to maintain its duties as Market Maker, if
trading with the underlying asset has ceased.
Market Maker reserves the right to temporarily
decline to quoting bid and ask prices during a
period in which the Market Maker hedges its own
position in an Underlying Assets and at such time
as the Market Maker believes there are to be
significant difficulties in quoting bid and ask
prices due to technical reasons.
In conjunction with such limitation of the Market
Maker's obligation to quote bid and ask prices,
the Market Maker shall notify parties on the
market regarding the limitation through a notice
via the exchange/marketplace in those cases where
the limitation is expected to extend for more than
one hour during a trading day.
Additional Additional information on the company and the
information on the development of the value of the underlying asset
underlying asset is available on the website of the OMX Nordic
and underlying Exchange Helsinki:
company http://omxgroup.com/nordicexchange/ and on the
websites of the companies: www.nokia.com,
www.metso.com, www.sampo.com and www.kesko.fi.
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 certificates.
The max certificates to be issued:
Certificate Certificate Underlying Underlying Additional
Trading code ISIN code instrument instrument Information on the
ISIN code underlying
8JNOKCF22M FI0009648208 Nokia Oyj FI0009000681 www.nokia.com
8JNOKCF24M FI0009648216 Nokia Oyj FI0009000681 www.nokia.com
8LNOKCF24M FI0009648224 Nokia Oyj FI0009000681 www.nokia.com
8JMEOCF36M FI0009648232 Metso Oyj FI0009007835 www.metso.com
8JMEOCF38M FI0009648240 Metso Oyj FI0009007835 www.metso.com
8LMEOCF38M FI0009648257 Metso Oyj FI0009007835 www.metso.com
8JSAMCF18M FI0009648265 Sampo Oyj FI0009003305 www.sampo.com
8JSAMCF20M FI0009648273 Sampo Oyj FI0009003305 www.sampo.com
8LSAMCF20M FI0009648281 Sampo Oyj FI0009003305 www.sampo.com
8JKESCF35M FI0009648299 Kesko Oyj FI0009000202 www.kesko.fi
8JKESCF38M FI0009648307 Kesko Oyj FI0009000202 www.kesko.fi
8LKESCF38M FI0009648315 Kesko Oyj FI0009000202 www.kesko.fi
Table 2:
Certificate Strike Type Multiplier Total number Issue date Expiration Settlement
Trading price of Date Date
code / Max certificates
level
8JNOKCF22M 22 C 1 1,000,000 10.04.2008 17.10.2008 24.10.2008
8JNOKCF24M 24 C 1 1,000,000 10.04.2008 17.10.2008 24.10.2008
8LNOKCF24M 24 C 1 1,000,000 10.04.2008 19.12.2008 02.01.2009
8JMEOCF36M 36 C 1 500,000 10.04.2008 17.10.2008 24.10.2008
8JMEOCF38M 38 C 1 500,000 10.04.2008 17.10.2008 24.10.2008
8LMEOCF38M 38 C 1 500,000 10.04.2008 19.12.2008 02.01.2009
8JSAMCF18M 18 C 1 1,000,000 10.04.2008 17.10.2008 24.10.2008
8JSAMCF20M 20 C 1 1,000,000 10.04.2008 17.10.2008 24.10.2008
8LSAMCF20M 20 C 1 1,000,000 10.04.2008 19.12.2008 02.01.2009
8JKESCF35M 35 C 1 500,000 10.04.2008 17.10.2008 24.10.2008
8JKESCF38M 38 C 1 500,000 10.04.2008 17.10.2008 24.10.2008
8LKESCF38M 38 C 1 500,000 10.04.2008 19.12.2008 02.01.2009
Helsinki, April 9, 2008
NORDEA BANK AB (publ)
Tommi Saarnio
For further information, please contact Tommi Saarnio p. +358-9-369
49354.
Nordea Bank AB (publ) issues 12 new max certificates on April 10th 2008
| Source: Nordea Bank AB (publ.)