Nordea Hypotek AB (PUBL)

RE: NORDEA HYPOTEK AB (PUBL)
    EUR 100,000,000.00
    MATURING: 29-Mar-2005
    ISSUE DATE: 28-Mar-2003
    ISIN: XS0165651133

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
29-Sep-2003 TO 29-Dec-2003 HAS BEEN FIXED AT 2.163000 PCT.

INTEREST PAYABLE VALUE 29-Dec-2003 WILL AMOUNT TO:
EUR 546.76 PER EUR 100,000.00 DENOMINATION.
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857/3855 OR FAX: 44 20 7508 3881.