H1 Interim Report 2010 - Totalkredit A/S

1 January - 30 June 2010

H1 - In brief

- Profit before tax was DKK 640m against DKK 655m in H1/2009.

- Core income from business operations rose DKK 40m to DKK 681m.

- Core income from securities declined by DKK 50m to DKK 61m.

- Provisions for loan impairment was DKK 56m against DKK 144m in H1/2009.

- Investment portfolio income was recorded at DKK 177m against DKK 243m in the
same period the year before. 

- Gross new lending came to DKK 52bn compared with DKK 62bn in H1/2009.

- The loan portfolio rose by DKK 12bn to DKK 443bn, equal to a market share of
32.7%. 

Contacts:
Søren Holm, Group Managing Director, Nykredit, tel +45 44 55 10 10
Troels Bülow-Olsen, Managing Director, Totalkredit, tel +45 44 55 54 00