On 23 March 2009 Nykredit Bank A/S ("Nykredit Bank") issued DKK-denominated
bonds, 0% NB Skandinaviske Aktier 2012 (ISIN DK0030161617). The final coupon of
the bonds will depend on the price development of a basket of ten Scandinavian
equities, also referred to as the "Underlying Equity Basket".
Nykredit Bank is calculation agent in respect of the bonds.
The inception values of the equities forming part of the Underlying Equity
Basket were fixed on 16 March 2009 and published by way of a stock exchange
an-nouncement dated 17 March 2009.
One of the equities included in the Underlying Equity Basket, StatoilHydro ASA
(STL), distributed dividend on 20 May 2009, which exceeded 5% of the price of
the shares of the company. This resulted in an adjustment of the inception
value of STL fixed on 16 March 2009. In accordance with the prospectus for the
offering of the bonds, we hereby announce the adjustment as follows:
Initial inception value of STL: 116.90
New inception value of STL: 116.5734
Please address enquiries concerning this stock exchange announcement to Claus
Møller, First Vice President, Nykredit Bank A/S, Kalvebod Brygge 1-3, DK-1780
Copenhagen K, tel +45 44 55 12 90.
Yours sincerely
Nykredit Bank
