Nordea Bank AB (publ.) - Company Announcement

Nordea Bank AB (publ) issues 3 new turbo warrant series on 12 June 2009

Nordea Bank AB (publ) will launch 3 new turbo warrant series on 12
June 2009 under its warrant programme. The underlying asset of the
turbo warrants are Nokia Oyj (NOK1V), Fortum Oyj (FUM1V) and Sampo
Oyj (SAMAS) shares. The warrants are call turbo warrants. The turbo
warrants are redeemed by cash payment. Upon expiry of a turbo
warrant, the possible net value is paid in cash to the holder of the
warrant.

Warrant specific terms and conditions

All turbo warrants are issued under the warrant programme of Nordea
Bank AB (publ) dated 6 October 2008.  The base prospectus for the
warrant programme and the final terms for each turbo warrant serie
are available at the issuer's website: www.nordea.fi/warrantit. The
following terms only summarize the final terms and the base
prospectus.



+-------------------------------------------------------------------+
| Issuer            | Nordea Bank AB (publ)                         |
|-------------------+-----------------------------------------------|
| Instrument name   | Turbo Warrant (call)                          |
|-------------------+-----------------------------------------------|
| Underlying asset  | Nokia Oyj (NOK1V), Fortum Oyj (FUM1V) and     |
|                   | Sampo Oyj (SAMAS) share.                      |
|-------------------+-----------------------------------------------|
| Barrier Reference | Most recent transaction prices during         |
| Price             | continuous trading quoted on a Reference      |
|                   | Source commencing from the Listing Date up to |
|                   | and including the Expiration Date. The Bank   |
|                   | reserves the right to determine whether a     |
|                   | level is reasonable and may thereby           |
|                   | constitute a Barrier Reference Price.         |
|-------------------+-----------------------------------------------|
| Cash Settlement   | Where the Barrier Reference Price on a        |
| amount            | trading day on the Reference Source is equal  |
|                   | to or lower than the Barrier Level, the Turbo |
|                   | Warrant becomes worthless and no Cash         |
|                   | Settlement Amount is paid out.                |
|                   |                                               |
|                   | In other cases:                               |
|                   | Turbo Call Warrant: (Closing Price - Strike   |
|                   | Price) x Multiplier                           |
|                   |                                               |
|-------------------+-----------------------------------------------|
| Closing Price     | Reference Price on Closing Price              |
|                   | Determination Date. (see more information in  |
|                   | the Final Terms of the Turbo Warrants)        |
|-------------------+-----------------------------------------------|
| Closing Price     | Official Closing price on Expiration          |
| Determination     | Date/Final Trading Day.                       |
| Date              |                                               |
|-------------------+-----------------------------------------------|
| Expiration date / | The earlier of Expiration Date in Final       |
| Final trading day | Terms, Table 2 or for:                        |
|                   |                                               |
|                   | Turbo Call Warrants: The trading day with     |
|                   | respect to which a Barrier Reference Price is |
|                   | listed equal to or lower than the Barrier     |
|                   | Level.                                        |
|                   |                                               |
|-------------------+-----------------------------------------------|
| Market place      | Nasdaq OMX Helsinki Ltd                       |
|-------------------+-----------------------------------------------|
| Reference Source  | Nasdaq OMX Helsinki Ltd                       |
|-------------------+-----------------------------------------------|
| Reference price   | Official Closing provided by Nasdaq OMX       |
| determination     | Helsinki Ltd.                                 |
| method            |                                               |
|-------------------+-----------------------------------------------|
| Exercise          | The Bank carries out automatic cash           |
| procedure         | settlement                                    |
|-------------------+-----------------------------------------------|
| Listing currency  | EUR                                           |
|-------------------+-----------------------------------------------|
| Trading lot       | 1 warrant                                     |
|-------------------+-----------------------------------------------|
| Total number of   | 1 500 000 - 5 000 000 (see Table 2 below)     |
| warrants          |                                               |
|-------------------+-----------------------------------------------|
| Market maker      | Nordea Bank Finland Plc operates as the       |
|                   | Market Maker.                                 |
|                   |                                               |
|                   | Nordea Bank Finland Plc undertakes to provide |
|                   | bid and ask quotation for the warrants during |
|                   | the time the warrant is subject to public     |
|                   | trading. The undertaking is valid in the      |
|                   | continuous trading of the stock exchange.     |
|                   |                                               |
|                   | The difference between bid and ask quotation  |
|                   | is at the most:                               |
|                   |                                               |
|                   | 10 cent, if the ask quotation is less than    |
|                   | EUR 2.00                                      |
|                   | 20 cent, if the ask quotation is more than or |
|                   | equal to EUR 2.00                             |
|                   |                                               |
|                   | Quotations concern a minimum of one thousand  |
|                   | warrants. No bid quotation is given for       |
|                   | warrants the market value of which is less    |
|                   | than one (1) cent. Market Maker is entitled   |
|                   | to define the values of the parameters        |
|                   | affecting the market making quotation. Market |
|                   | Maker is not liable to maintain its duties as |
|                   | Market Maker, if trading with the underlying  |
|                   | securities has ceased.                        |
|                   |                                               |
|                   | Market Maker reserves the right to            |
|                   | temporarily decline to quoting bid and ask    |
|                   | prices during a period in which the Market    |
|                   | Maker hedges its own position in an           |
|                   | Underlying Assets and at such time as the     |
|                   | Market Maker believes there are to be         |
|                   | significant difficulties in quoting bid and   |
|                   | ask prices due to technical reasons.          |
|                   |                                               |
|                   | In conjunction with such limitation of the    |
|                   | Market Maker's obligation to quote bid and    |
|                   | ask prices, the Market Maker shall notify     |
|                   | parties on the market regarding the           |
|                   | limitation through a notice via the           |
|                   | exchange/marketplace in those cases where the |
|                   | limitation is expected to extend for more     |
|                   | than one trading day.                         |
|                   |                                               |
|-------------------+-----------------------------------------------|
| Additional        | Additional information on the company and the |
| information on    | development of the value of the underlying    |
| the underlying    | company is available on the website of the    |
| asset and         | OMX Nordic Exchange Helsinki:                 |
| underlying        | http://omxgroup.com/nordicexchange/ and on    |
| company           | the website of the underlying company:        |
|                   | www.nokia.com, www.fortum.com and             |
|                   | www.sampo.fi. Additional information on the   |
|                   | volatility of the underlying asset is         |
|                   | available from the issuer, tel. +358 9 369    |
|                   | 49134.                                        |
|                   |                                               |
|                   | The investors should analyse information on   |
|                   | the company issuing the share before making   |
|                   | decisions on warrants.                        |
+-------------------------------------------------------------------+


The warrants to be issued:

Table 1


Warrant                            Underlying              Additional
Trading    Warrant ISIN Underlying instrument   Underlying Information on
code       code         instrument ISIN         Currency   the                   code                    underlying
9INOKEW10T FI0009655849 Nokia Oyj  FI0009000681 EUR        www.nokia.com
9IFUMEW14T FI0009655872 Fortum Oyj FI0009007132 EUR        www.fortum.com
9ISAMEW11T FI0009655997 Sampo Oyj  FI0009003305 EUR        www.sampo.fi



Table 2


Warrant    Strike                   Total     Issue   Expiration Settlement
Trading    price  Type Multiplier number of   date       Date       Date
code                              warrants
9INOKEW10T   10    C      0,2     5 000 000 12.6.2009  18.9.2009  25.9.2009
9IFUMEW14T   14    C      0,2     1 500 000 12.6.2009  18.9.2009  25.9.2009
9ISAMEW11T   11    C      0,2     1 500 000 12.6.2009  18.9.2009  25.9.2009







Helsinki, 11 June 2009

NORDEA BANK AB (publ)


Tommi Saarnio


For further information, please contact Tommi Saarnio tel. +358-9-369
49354.