Nordea Hypotek AB (PUBL)

RE: NORDEA HYPOTEK AB (PUBL)
    EUR 200,000,000.00
    MATURING: 04-Oct-2004
    ISSUE DATE: 04-Oct-2002
    ISIN: XS0155753790

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
06-Oct-2003 TO 05-Jan-2004 HAS BEEN FIXED AT 2.157000 PCT

INTEREST PAYABLE VALUE 05-Jan-2004 WILL AMOUNT TO:
EUR 545.24 PER EUR 100,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881