Nordea sells additional properties in Denmark

Nordea has as a next step in the ongoing process of reducing its real
estate exposure sold most of its remaining properties in Denmark to a
consortium consisting of PensionDanmark, Lagernes Pensionskasse and
Nordea Pension.

The consortium acquires a portfolio of properties mainly consisting of
Nordea Bank Danmark's owner occupied properties.

The disposal is part of the Nordea Group's continuous efforts to
increase the focus on core business and to improve the capital
efficiency.

The price for the portfolio acquired by the consortium is EUR 233m.

Further it is expected that Nordea Pension buys properties of a total
value of EUR 40m.

The transactions are executed on market terms and the price is based on
independent valuations.

The ongoing process of reducing Nordea's real estate assets is only
expected to have a marginal overall impact on the Nordea Group's result.

In the process of reducing the real estates assets Nordea is advised by
Catella Corporate Finance, Citigroup and Nordea Securities.

For further information:
Jakob Grinbaum, Executive Vice President, Head of Group Treasury, +46 8
614 7891
Allan Polack, Head of Nordea Life & Pensions, +45 22 15 39 60
Erik Evren, Chief Communication Officer, +46 8 614 8611

Nordea is the leading financial services group in the Nordic and Baltic
Sea region and operates through three business areas: Retail Banking,
Corporate and Institutional Banking and Asset Management & Life. The
Nordea Group has more than 10 million customers and 1,240 bank branches.
The Nordea Group is a world leader in Internet banking, with 3.4 million
e-customers. The Nordea share is listed in Stockholm, Helsinki and
Copenhagen.