Nordea Bank AB (publ.) - Company Announcement

Increase in the number of warrants

Referring to Nordea Bank AB (publ)'s Stock Exchange Release : "Nordea Bank AB
(publ) issues 8 new warrant series on 23 August 2010"

The number of warrants issued 23 August 2010 by Nordea Bank AB (publ) will be
increased as specified below:


+-------------+-----------------+---------------+----------------+-------------+
|Warrant      |Warrant ISIN code|Original Amount|Increased amount|Date of      |
|trading code |                 |               |                |increase     |
+-------------+-----------------+---------------+----------------+-------------+
|NOK1L  8NDS  |FI4000014790     |20 000 000     |30 000 000      |8.3.2011     |
+-------------+-----------------+---------------+----------------+-------------+

Helsinki, 7 March 2011

NORDEA BANK AB (publ)

Tommi Saarnio

For further information, please contact Juha Mikkilä tel. +358-9-369 49354.

[HUG#1494893]