Nordea (Denmark)

Nordea (CPH:NDA) Following the recent development in the international shipping markets Nordea invites journalists and analysts to a seminar to bring light to current sector trends, Nordea's shipping strategy and credit portfolio.

Nordea (CPH:NDA) Strong results in extreme market conditions * Income EUR 5,949m (EUR 5,744m in the first nine months 2007), up 4% * Net interest income EUR 3,707m (EUR 3,139m), up 18% * Cost increase in line with target 6.5% * Profit before loan losses EUR 2,761m (EUR 2,751m) * Loan losses EUR 146m (positive EUR 54m), a loan loss ratio of 8 basis points * Operating profit EUR 2,615m (EUR 2,805m), down 7% * No reclassification made of interest-bearing securities * Unchanged risk-adjusted profit EUR 1,795m (EUR 1,798m) - but up 5% in customer areas * Return on equity 15.7% (19.5%) * Earnings per share EUR 0.78 (EUR 0.87) * Tier 1 ratio 7.9% (7.9%), excluding transition rules * Nordea expects unchanged risk-adjusted profit for the full year compared to last year (for full outlook for 2008, see page 8)

Nordea (CPH:NDA) The press release with the result will be published approximately 8.00 CET.

Nordea (CPH:NDA) Following the development in the Icelandic banking sector, Nordea comments on its exposure to Icelandic financial institutions as follows:

Nordea (CPH:NDA) The Danish government and the Danish banking sector's contingency association (Det Private Beredskab) have agreed on a guarantee arrangement, which will protect depositors and ordinary creditors of Danish banks against losses not covered by the public Danish depositor guarantee fund or by any other arrangement.

Nordea (CPH:NDA) Nordea has signed an agreement to acquire nine branches from "Bankaktieselskabet af 24. august 2008" (Roskilde Bank).

Nordea (CPH:NDA) Nordea's Annual General Meeting 2008 decided to set up a nomination committee whose task in reference to the AGM 2009 is to propose board members and chairman of the board, as well as remuneration to the board members and auditor.

Nordea (CPH:NDA) Following Monday's announcement from Lehman Brothers Holdings Inc. that the company has filed Chapter 11 bankruptcy petition, Nordea has decided to comment on its exposure to Lehman Brothers.

Nordea (CPH:NDA) The economic slowdown has hit all the Nordic countries due to stronger inflation and higher interest rates. The economy is not expected to pick up until 2010. There are also clear signs that the unemployment rate will rise in future after several years' downtrend.

Nordea (CPH:NDA) Fredrik Rystedt (44) will as at 15 September 2008 take up his new position as Head of Group Corporate Centre and Chief Financial Officer and member of Group Executive Management of Nordea.