Auction 22 October of 4 per cent bullet loans 2012


TRANSLATION

On 22 October 2009 the government bond 4 per cent bullet loans 2012 will be     
auctioned. At the auction the total sale will not exceed DKK 5 billion at       
nominal value.                                                                  

The sale will commence via MTSDenmark's auction system with primary dealers in  
Danish government bonds as counterparts. The auction depends on stable market   
conditions. As from the opening of MTSDenmark bids can be submitted until 10.30 
CET. Subsequently a cut-off price will be fixed as quickly as possible and      
within 10 minutes at the latest. Bids at the cut-off price or above will be     
accommodated at the cut-off price. A pro-rata allocation of bids at the cut-off 
price may be applied. The sale will be settled Tuesday 27 October 2009.         

Terms of borrowing can be viewed on www.governmentdebt.dk under Investor        
relations.                                                                      

Further information                                                             
For further information please contact Ove Sten Jensen on tel. (+45) 3363 6102.

Attachments

auktion_2012_en_oktober.pdf