Final terms for the prospectus for the offering of SDOs in Nykredit Realkredit A/S, Capital Centre E, series 31E

Amendment to "Final terms for the prospectus for the offering of SDOs in
Nykredit Realkredit A/S, Capital Centre E, series 31E (floating-rate 
noncallable bonds, amortisation dependent on payments on underlying loans)"

In connection with the opening of new ISINs by Nykredit Realkredit A/S, "Final
terms for the prospectus for the offering of SDOs in Nykredit Realkredit A/S, 
Capital Centre E, series 31E (floating-rate non-callable bonds, amortisation 
dependent on payments on underlying loans)" have been amended.

Amendments to the final terms of series 31E appear from Appendix 1.

The prospectus for the offering of SDOs in Nykredit Realkredit A/S, Capital 
Centre E, including the final bond terms, is available at nykredit.com/ir.

Questions may be addressed to Group Treasury, Lars Mossing Madsen, Head of
Realkreditfinans, tel +45 44 55 11 66, or Pernille Bach Ladevig, Economist, 
tel +45 44 55 10 63.