Fixing of coupon rates in the serie 16U effective from 1 January 2015

With effect from 1 January 2015, the coupon rate of the following bonds financing RD Nibor3® will be adjusted.

Please find the data in the appendices.

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The Executive Board

Any additional questions should be addressed to Chief Analyst Hella Gebhardt Rønnebæk,

phone +45 45 13 20 68.