Third Quarter Results 2013

Delivery on income, costs and capitalCEO Christian Clausen’s comments on the results:“Despite the current low-growth environment with low interest rates, Nordea’s income increased by 3% in local currencies (up 1% reported) compared to the third quarter 2012, primarily driven by savings-related income. Costs are down somewhat in local currencies (down 3% reported) and loan losses are down by 26% (28%), leading to a 15% (12%) increase in operating profit. We have welcomed 87,000 new relationship customers in the last 12 months and World Finance has named us the Best banking Group in the