Extension of the period of the exchange offer to the shareholders of Unidanmark A

The Copenhagen Stock Exchange and the press Stockholm/Copenhagen/Helsinki, 12 April 2000 Extension of the period of the exchange offer to the shareholders of Unidanmark A/S to 19 April 2000 On 6 March 2000 Nordic Baltic Holding (NBH) AB (publ) submitted an offer to the shareholders of Unidanmark A/S to exchange each share in Unidanmark for 12.704 newly issued shares in Nordic Baltic Holding. In agreement with Unidanmark, Nordic Baltic Holding has decided to extend the exchange period to 19 April 2000 at 16.00 Copenhagen time. The extension is subject to unchanged terms and conditions. The merger between MeritaNordbanken and Unidanmark has been well received by the shareholders of Unidanmark and according to now available information, the offer has been accepted or will be accepted by shareholders holding close to 90 per cent of the Unidanmark shares within the current offer period. The extension will give the remaining shareholders the chance to exchange their shares on unchanged terms and conditions. All other conditions for the offer have been met. Approvals by public authorities The European Commission has approved the merger. The Swedish Financial Authority had no comments on the acquisition of the shares in Unidanmark. The Danish Financial Supervisory Authority has approved the acquisition by Nordic Baltic Holding of the shares in Unidanmark. Other approvals: The Danish tax authorities have approved that the shares in Unidanmark are exchanged on a tax-free basis in compliance with section 13 of the Danish Act on taxation of gains on equities. The Copenhagen Stock Exchange has approved the Merger Prospectus. Legislation, legal proceedings etc To the best of the knowledge and belief of Management no legislation exists and no legal proceedings are pending that would constitute an obstacle to the completion of the exchange offer. Material negative changes in the course of the business of Unidanmark To the best of the knowledge and belief of Management no changes have occurred in the ordinary course of Unidanmark's business that would constitute an obstacle to the completion of the exchange offer. Adoption by the General Meeting of Nordic Baltic Holding The General Meeting in Nordic Baltic Holding has adopted the proposals necessary for the completion of the merger. Consolidation of Unidanmark's share classes into one: Unidanmark's General Meeting has approved the consolidation of the share classes. Further information Lars Thalén +46 8 614 7951 or +46 70 92 00665 Torben Laustsen +45 33 33 34 51 or + 45 40 54 48 22 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/12/20000412BIT01080/bit0001.doc http://www.bit.se/bitonline/2000/04/12/20000412BIT01080/bit0002.pdf