Fixing of coupon rates in 53D, 63D, 73D and 83D series effective from 1 April 2006

Stock Exchange Announcement No. 5 - 2006

With effect from 1 April 2006, the coupon rates of the following bonds financing FlexGaranti® will be adjusted.

The new coupon rates will apply in the period from 1 April to 30 September 2006.

ISIN codeNameCoupon rate until 31 March 2006New coupon rate from 1 April 2006 DK000927279153D 6FF2.

71 % p.

a.

3.

56 % p.

a.

DK000927260163D 6FF OA2.

71 % p.

a.

3.

56 % p.

a.

DK000927325253D 5FF2.

96 % p.

a.

3.

81 % p.

a.

DK000927333663D 5FF OA2.

96 % p.

a.

3.

81 % p.

a.

DK000927376573D 6CF2.

81 % p.

a.

3.

66 % p.

a.

DK000927384983D 6CF OA2.

81 % p.

a.

3.

66 % p.

a.

DK000927341973D 5CF3.

06 % p.

a.

3.

91 % p.

a.

DK000927368283D 5CF OA3.

06 % p.

a.

3.

91 % p.

a.



The Executive Board

Any questions should be addressed to First Vice President Stig Tørnes-Hansen, phone +45 33 39 31 56.