Standard and Poor’s Assigns Preliminary AAA Rating for SDRO’s Issued Out ofRealkredit Danmark’s Capital Centre T

Company Announcement number 80/2011 - 15 November 2011

The rating agency Standard and Poor’s has published a preliminary AAA long-term rating to Realkredit Danmark's issuances of "særligt dækkede realkreditobligationer" out of its Capital Centre T.

The rating is based on the expected contents of the capital centre as of 1 January 2012.

Yours faithfully,

The Executive Board

of Realkredit Danmark A/S Any additional questions should be addressed to Carsten Nøddebo, Chief Executive Officer,tel.

+45 4513 2082.