Company Announcement No. 48, 2012. - Addendum to Base Prospectus of 14. April 2011

The following security code has been added to the final terms (Appendix 1) of the Base Prospectus of Nordea Kredit Realkreditaktieselskab dated 14 April 2011:

Security code (callable fixed-rate annuity bonds with option for interest-only period of 1-10 years)

ISIN code Nom Name Opening date Closing date Maturity date Curency
interest rate/
DK0002027895 3,5% 2044 Nordea OA10 10/05-2012 31/08-2014 01/10-2044 DKK

Reference is otherwise made to the entire Base Prospectus.

Questions can be directed to René Boesen on phone no. +45 33 33 25 26

Yours faithfully
Nordea Kredit Realkreditaktieselskab