Danske Bank — Director's Dealing 2012

Feb 9, 2012

The Danish Financial Supervisory Authority

9 February 2012

Transactions made by persons obliged to report transactions to the Danish FSA and NASDAQ OMX Nordic. Report No. 1/2012.

The following changes have taken place in the holding of Danske Bank shares of the persons listed below. Under the Danish Securities Trading Act, they are under an obligation to report such changes.

Name	Henrik Ramlau-Hansen
Reason	Member of the Executive Board
Issuer	Danske Bank A/S
ID code	DK0010274414
Designation	Shares
Nature of transaction	Sale
Trade date	9 February 2012
Market	NASDAQ OMX Nordic
Number	2,000
Market price (DKK)	175,800.00