| Company announcement | Group Communications Holmens Kanal 2 – 12 DK-1092 København K Tel. +45 45 14 56 95 22 January 2015 |
Announcement of number of issued certificates
As announced on 21 January 2015, Danske Bank has decided to issue new bull and bear certificates with series No. B&B DK/2015 1/1 - series No. B&B DK/201514/1 under Danske Bank’s Warrants and Certificate Programme dated 2 July 2014.
The following bull certificates are issued:
| SeriesNo. | Certificate long name | Certificate short name | ISIN of bull certificate | Number of new certificates | New outstanding amount |
| 1/1 | Danske Bank Bull Vestas Wind Systems X2 | BULL VWS X2 DB | DK0060604718 | 5,000,000 | 5,000,000 |
| 2/1 | Danske Bank Bull Carlsberg X2 | BULL CARL X2 DB | DK0060603587 | 5.000.000 | 5.000.000 |
| 3/1 | Danske Bank Bull DSV X2 | BULL DSV X2 DB | DK0060603744 | 5.000.000 | 5.000.000 |
| 4/1 | Danske Bank Bull FLSmidth X2 | BULL FLS X2 DB | DK0060603900 | 5.000.000 | 5.000.000 |
| 5/1 | Danske Bank Bull NOVO Nordisk X2 | BULL NOVO X2 DB | DK0060604122 | 5.000.000 | 5.000.000 |
| 6/1 | Danske Bank Bull Novozymes X2 | BULL NZYM X2 DB | DK0060604395 | 5.000.000 | 5.000.000 |
| 7/1 | Danske Bank Bull Pandora X2 | BULL PAND X2 DB | DK0060604551 | 5.000.000 | 5.000.000 |
The following bear certificates are issued:
| SeriesNo. | Certificate long name | Certificate short name | ISIN of bear certificate | Number of new certificates | New outstanding amount |
| 8/1 | Danske Bank Bear Vestas Wind Systems X2 | BEAR VWS X2 DB | DK0060604981 | 5.000.000 | 5,000,000 |
| 9/1 | Danske Bank Bear Carlsberg X2 | BEAR CARL X2 DB | DK0060603660 | 5.000.000 | 5.000.000 |
| 10/1 | Danske Bank Bear DSV X2 | BEAR DSV X2 DB | DK0060603827 | 5.000.000 | 5.000.000 |
| 11/1 | Danske Bank Bear FLSmidth X2 | BEAR FLS X2 DB | DK0060604049 | 5.000.000 | 5.000.000 |
| 12/1 | Danske Bank Bear NOVO Nordisk X2 | BEAR NOVO X2 DB | DK0060604205 | 5.000.000 | 5.000.000 |
| 13/1 | Danske Bank Bear Novozymes X2 | BEAR NZYM X2 DB | DK0060604478 | 5.000.000 | 5.000.000 |
| 14/1 | Danske Bank Bear Pandora X2 | BEAR PAND X2 DB | DK0060604635 | 5.000.000 | 5.000.000 |
For further information, please see the Final Terms, which were enclosed with our announcement of 21 January 2015.
Danske Bank A/S
Contacts:
Global Head of Structured Products Holger Lunden, tel. +45 45 14 32 65