Company Announcement No. 51, 2016 - Results of the auctions

Nordea Kredit Realkreditaktieselskab has auctioned covered mortgage bonds to
refinance FRNs as per 1 July 2016 from 24 May through 25 May 2016.

The auctions results:

Date         Bond             ISIN          Amount    BtC    Add-on
                                            offered         %-points
                                             mDKK
Tuesday, 24  0.29%            DK0002036375  7,500    5,16    0,15%
May 2016     NDACIBOR619RF
             (bullet bond)
             0.29%            DK0002036532  15,000   3,73    0,15%
             NDACIBOR6OA19RF
Wednesday,   0.42%            DK0002036458  6,100    4,02    0,59%
25 May 2016  NDACITA6OA19RF
Total                                       28,600


The add-on is valid for the whole maturity of the bonds.

The coupons for the covered mortgage bonds will in the period 1 July 2016 to 31
December 2016 be 6 month CITA or CIBOR on 27 June 2016 multiplied by 365/360
plus the add-on (the auctions results)

For more detailed information please contact Nordea Group Treasury & ALM, Peter
Brag phone no. +45 3333 1663 or Finn Nicolaisen phone no. +45 3333 1625.

Yours faithfully

Nordea Kredit Realkreditaktieselskab

Company Announcement No. 51, 2016 - Results of the auctions of covered CITA and CIBOR mortgage bonds in Nordea Kredit.

Anhänge