Danish Competition Authority approves takeover of Forstædernes Bank A/S

On 15 September 2008, Nykredit Realkredit A/S ("Nykredit Realkredit") submitted
a voluntary conditional public tender offer ("Tender Offer") for the entire
outstanding share capital of Forstædernes Bank A/S ("Forstædernes Bank"). The
board of directors of Forstædernes Bank has unanimously recommended
shareholders to accept the Tender Offer. 

The Tender Offer is subject to any approval necessary by public authorities
including the competition authorities. 

The Danish Competition Authority has today approved Nykredit Realkredit's
acquisition of the entire share capital of Forstædernes Bank in accordance with
the Tender Offer. All approvals by competition authorities necessary to close
the transaction have now been obtained. 

The terms and conditions of the Tender Offer otherwise remain unchanged. 


For further information, please contact Nels Petersen, Head of Corporate
Communications, tel +45 44 55 14 70/+45 20 22 22 72.