To NASDAQ OMX Copenhagen and the Press 25 November 2010 Announcement no. 107/2010 Update on sale of bonds for refinancing of adjustable rate mortgage loans During the period 29 November 2010 to 10 December 2010 (both days included) BRFkredit will sell non-callable bullet bonds (RTL bonds) to refinance adjustable rate mortgage loans. The bonds are offered for sale with settlement date on 3 January 2011 but an earlier settlement date can be arranged upon request. BRFkredit will conduct the sales as ordinary sales on NASDAQ OMX Copenhagen. BRFkredit strives to distribute the sales over the whole period but makes no commitment to offer or sell specified amounts on specified dates. Publication of trading information will be provided via NASDAQ OMX Copenhagen. The refinancing of loans in Capital Centre E will be in covered bonds (SDO) while the refinancing in Capital Centre B will be in mortgage bonds (RO). Refinancing will be denominated in DKK and EUR. BRFkredit's ongoing sales of bonds related to the issuance of new loans, purchases of bonds to redeem existing loans or refinancing of existing funding and placement of funds etc. can take place simultaneously with the above-mentioned sale. The bonds mentioned below are expected to be offered during the period: -------------------------------------------------------------------------------- | ISIN | Bond | Currency | Expected amount | | | | | offered | -------------------------------------------------------------------------------- | DK0009370538 | 2% 321.E.12 2012 | DKK | 34.0 DKK bn | | (SDO) | | | | -------------------------------------------------------------------------------- | DK0009371346 | 2% 321.E.13 2013 | DKK | 1.3 DKK bn | | (SDO) | | | | -------------------------------------------------------------------------------- | DK0009371429 | 2% 321.E.14 2014 | DKK | 5.0 DKK bn | | (SDO) | | | | -------------------------------------------------------------------------------- | DK0009371502 | 2% 321.E.15 2015 | DKK | <0.2 DKK bn | | (SDO) | | | | -------------------------------------------------------------------------------- | DK0009368045 | 4% 321.E.16 2016 | DKK | 2.4 DKK bn | | (SDO) | | | | -------------------------------------------------------------------------------- | DK0009371692 (RO) | 2% 321.B.12 2012 | DKK | 9.5 DKK bn | -------------------------------------------------------------------------------- | DK0009371858 (RO) | 2% 321.B.14 2014 | DKK | <0.2 DKK bn | -------------------------------------------------------------------------------- | DK0009373987 (RO) | 2% 321.B.16 2016 | DKK | 0.7 DKK bn | -------------------------------------------------------------------------------- | LU0401804785 | 4% 321.E.LU.12 2012 | EUR |< 0.4 EUR bn | | (SDO) | | | | -------------------------------------------------------------------------------- Please note that the above-mentioned quantities may be subject to changes. BRFkredit will publish updated information if substantial changes occur. Technical questions regarding the bond sales may be directed to: Head of Investments André Hauberg on telephone (+45) 45 26 29 18 Investor Relations Manager Helle Bendorff on telephone (+45) 45 26 25 51 Head of Secretariat Anette Rom on telephone (+45) 45 26 29 15 Other inquiries may be directed to: Chief Economist Ulrikke Ekelund on telephone (+45) 45 26 22 57 Yours sincerely BRFkredit a/s Lars Waalen Sandberg Senior Vice President
Update on sale of bonds for refinancing of adjustable rate mortgage loans
| Source: Jyske Realkredit A/S