Initial values for “0 % Danske
Bank Infrastruktur 2011”
Initial values for “0 % Danske  Bank Infrastruktur 2011”

April 20, 2009

Company Announcement No 8/2009

Fixing of initial values for the shares in the share basket of the Danske Bank A/S equity-linked notes designated “0 % Danske Bank Infrastruktur 2011” (ISIN DK0030165790)

On April 2, 2009, Danske Bank A/S issued equity-linked notes related to a share basket com-prising 14 companies engaged in infrastructure activities. The notes are designated “0 % Dan-ske Bank Infrastruktur 2011” (ISIN DK0030165790).

Defined words and expressions in the published Applicable Final Terms dated April 1, 2009 have the same meaning in this announcement.

As calculation agent, Danske Bank A/S has, in accordance with the Applicable Final Terms, determined the initial values of the shares, which equal the arithmetic average of the value of each of the shares on April 2, April 3, April 6, April 7 and April 8, 2009: 

 

Company name

Initial value (“Sharei Initial”)

1

ABB LTD

16.640

2

NEXANS SA

32.837

3

GENERAL CABLE CORP

22.482

4

PRYSMIAN SPA

8.282

5

AMERICAN SUPERCONDUCTOR CORP

18.668

6

ITRON INC

46.002

7

SIEMENS AG

44.930

8

INVENSYS PLC

173.320

9

ALSTOM SA

42.223

10

VOSSLOH AG

76.318

11

CHINA RAILWAY CONSTRUCTION CORP LTD

10.228

12

CRH PLC

16.678

13

HOLCIM LTD

46.812

14

CATERPILLAR INC

30.804

For further information about this issue, we refer to the published applicable Final Terms, which together with the Base Prospectus contain the terms and conditions for the notes. The Applicable Final Terms are available on NASDAQ OMX Copenhagen A/S’ website.


Yours faithfully,

Danske Bank A/S