Result of Realkredit Danmark's auction of bonds in series 10S and 10Q with cut-off at 1.30pm

Realkredit Danmark has today completed an auction of bonds in series 10S and 10Q.

The auction of 2-year and 4-year bonds in series 10S and the auction of 2-5 year bonds in 10Q was held at a single day, Tuesday, 9 December 2008.

The results of the auctions in series 10S 4% 2011 and 10S 4% 2013 cut-off at 1.

30pm were: ISIN code (DK000)BondTotal bids (nom) DKK mTotal sale (nom) DKK mCut-off PriceYTM 927627110S 4% 20112,16583098.

704.

70 927643810S 4% 201354525098.

014.

56 The results of the auctions in series 10Q 5% 2011-2014 cut-off at 1.

30pm were: ISIN code (LU039)BondTotal bids (nom) EUR mTotal sale (nom) EUR mCut-off PriceYTM 567091110Q 5% 20111510100.

754.

60 567113310Q 5% 20126329100.

984.

64 567148910Q 5% 20131.

60.

5101.

004.

72 567164610Q 5% 201428.

114101.

224.

72

The Executive Board

Any additional questions should be addressed to Senior Dealer Søren Gravgaard, phone +45 45 13 20 19.