Danske Bank's extraordinary
general meeting on
May 14, 2009

On Thursday, May 14, an extraordinary general meeting convened by Danske Bank approved the Board of Director’s proposal to

• amend Article 6.1. of the Articles of Association to authorise the Board of Directors, until May 14, 2014, to raise the Bank’s share capital by up to DKr23,991,500,000 and



• include a new Article 6.9. in the Articles of Association, reflecting the resolution that notes issued under a loan for DKr23,991,500,000 as hybrid core capital in accordance with Act No. 67 of February 3, 2009, on State-Funded Capital Injections into Credit Institutions may gradually be converted into shares in the Bank if the Bank’s hybrid core capital exceeds 35% of the Bank’s aggregate core capital and will in part be converted into shares in the Bank if the hybrid core capital exceeds 50% of the Bank’s aggregate core capital. The notes will be converted at market price.