Result of Realkredit Danmark's auction of bonds in series 10T og 10U

Company Announcement number 86/2011 - 2 December 2011

Realkredit Danmark hereby announces the final result of the auction for the refinancing of FlexLån® as of January 1st 2012.

The result of the mortgage covered bonds on the auction are set out in the appendices to this announcement.

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The Executive Board

Any additional questions should be addressed to Senior Dealer Søren Gravgaard,

phone +45 45 13 20 19.