Auctions of domestic government bonds in May 2010

TRANSLATION

In May 2010 auctions of Danish government bonds will be held on Tuesday 11 May  
and Wednesday 26 May. The sale will be settled Tuesday 18 May 2010 and Monday 31
May 2010 respectively.                                                          

Auction 11 May                                                                  
On 11 May 2010 the government bond 4 per cent bullet loans 2019 will be         
auctioned. The total sale will not exceed DKK 4 billion at nominal value.       
The sale will commence via MTS Denmark's auction system with primary dealers as 
counterparts. The auction depends on stable market conditions. As from the      
opening of MTS Denmark bids can be submitted until 10.30 CET. Subsequently a    
cut-off price will be fixed as quickly as possible and within 10 minutes at the 
latest. Bids at the cut-off price or above will be accommodated at the cut-off  
price. A pro-rata allocation of bids at the cut-off price may be applied.       
Terms of borrowing can be viewed on www.governmentdebt.dk under Investor        
relations.                                                                      

Auction 26 May                                                                  
No later than three trading days prior to the auction, information about the    
auctioned bonds will be announced. The auction depends on stable market         
conditions.                                                                     

Further information                                                             
For further information please contact Ove Sten Jensen on tel. (+45) 3363 6102.