Sales of bonds for refinancing of adjustable rate mortgage loans

To NASDAQ OMX Copenhagen A/S

13th of August, 2015

Announcement no. 88/2015

On the 19^th 20^th 25^th 26^th and 27^th of August 2015, BRFkredit will sell bonds to refinance adjustable rate mortgage loans

Terms of the auctions with a list of the bonds offered, amounts offered and auction schedule is available in the attachment.

BRFkredit currently expects to sell bonds totalling approx. DKK 8.3 bn.

Technical questions regarding the bond sales may be directed to:

• Head of Investments, André Hauberg on telephone (+45) 45 26 29 18
• Group Treasurer, Anders Lund Hansen on telephone (+45) 45 26 22 80

Yours sincerely,

BRFkredit a/s