Refinancing of floating-rate loans - fixing of interest rate spreads

Today, Nykredit and Totalkredit conducted two auctions in connection with the
refinancing of Totalkredit's BoligXlån with a 5Y interest rate cap and
Totalkredit's Cibor6 loan without an interest rate cap, both funded by way of
SDOs issued out of 
Capital Centre E.

The result of the auctions is a spread of 0.46% pa for borrowers with BoligXlån
with 
a new 4.5% cap and a spread of -0.02% pa for borrowers with Cibor6 loans. Both
spreads and the BoligXlån cap will be in force until the next refinancing.

                     BoligXlån with 5Y cap          Cibor6 loan
ISIN                  DK000978051-2                 DK000978043-9

Auction results
Total allotment, DKKm       3,100                    700
Total bids, DKKm            8,910                    3,250
Interest rate spread        0.46%                    -0.02%
Interest rate cap           4.5%                      -

Other information
Interest rate fixing 
for H1/2010             27 December 2010              27 December 2010
Next refinancing        1 January 2016                1 January 2014

The final terms for the two bonds have been updated with the interest rate
spread. 
Enquiries may be addressed to Henrik Hjortshøj-Nielsen, Executive Vice
President, 
Group Treasury, tel +45 44 55 10 40, or Nels Petersen, Head of Corporate
Communications, tel +45 44 55 14 70/+45 20 22 22 72.