Nordea Hypotek AB (PUBL)

RE: NORDEA HYPOTEK AB (PUBL)
    EUR 100,000,000.00
    MATURING:  29-Mar-2005
    ISSUE DATE: 28-Mar-2003
    ISIN: XS0165651133

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
29-Dec-2003 TO 29-Mar-2004 HAS BEEN FIXED AT 2.172000 PCT.

INTEREST PAYABLE VALUE 29-Mar-2004 WILL AMOUNT TO 
EUR 549.03 PER EUR 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL: 44 020 7508 3858/3855 OR FAX 44 020 7508 3881.