Result of the auction of 4 per cent 2012


Bids, sales and cut-off price are presented in the table below:


Stock exchange code     Bid
                        Mill.kr.
                        (nominal)  Sale  Cut-off price   Pro-rate Eff.rate 
99 22593                23,980     5,000     105.10         70%     2.29 % 
DGB 4,00 15/11/2012      

Settlement date: 2. October 2009