Danske Bank — Director's Dealing 2010

May 11, 2010

The Danish Financial Supervisory Authority

11 May 2010

Transactions made by persons obliged to report to the Danish FSA and NASDAQ OMX Copenhagen A/S. Report No. 10/2010

The following changes have taken place in the shareholding of Danske Bank shares of the person mentioned below who, under the Danish Securities Trading Act, is under a duty to report such changes.

The purchases have been made under Danske Bank's share purchase programme for employees. The purchase price of DKK 141.76 per share equals the average price of Danske Bank shares for the period beginning on 9 April 2010 and ending on 7 May 2010 (both days included).

Name	Sven Lystbæk
Reason	Member of the Executive Board
Issuer	Danske Bank A/S
ID Code	DK0010274414
Designation	Shares
Nature of Transaction	Buy
Trade Date	10.05.2010
Market	OMX The Nordic Exchange
Number	148
Market price (DKK)	20.980.48