Danske Bank — Capital/Financing Update 2014

Feb 26, 2014

Company announcement

Announcement No. 3/2014

Group Communications Holmens Kanal 2–12 DK-1092 København K Tel. +45 45 14 56 95

26 February 2014

Danske Bank plans bond issue in the euro market

Danske Bank will initiate discussions with investors with a view to issuing additional tier 1 capital in the form of a bond loan denominated in EUR. The issue is expected to be a benchmark bond loan, that is of a minimum size of EUR 500 million; and it will be perpetual with an option to prepay at par six years after issuance.

The bond loan forms part of Danske Bank's ongoing adjustment of its capital structure to future capital requirements for European banks.

Danske Bank A/S

Contact: Henrik Ramlau-Hansen, Chief Financial Officer, tel. +45 45 14 06 66.