REG-Sydbank A/S FRN Variable Rate Fix

* Reuters is not responsible for the content in this press release.

Tue May 20, 2008 5:15am EDT

LONDON--(Business Wire)--


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As Agent Bank, please be advised of the following rate determined on: 15-May-2008
Issue              ¦ Sydbank A/S - Series 10
                     EUR 650,000,000.00 FRN Due 17 Nov 2010
ISIN Number        ¦ XS0235092706
Common Code / 144A ¦ 23509270
 ISIN
Issue Nomin EUR    ¦ 650,000,000.00
Period             ¦ 19-May-2008 to 18-Aug-2008            Payment Date 18-Aug-2008
Number of Days     ¦ 91
Rate               ¦ 4.96
Denomination EUR   ¦ 50,000.00             ¦ 650,000,000.00

Amount Payable per ¦ 626.89                ¦ 8,149,555.56
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       ¦ 44 1202 689580
Corporate Trust Services                   Facsimile       ¦ 44 1202 689601
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Sydbank A/S

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