Indexfactor 3 and shipping Copenh
Post# of 301275

| Copenhagen, December 10 , 2015 |
| Exchange Notice |
| Index Factor 3, Remaining Debt/Bonds |
| On the basis of the development of the net consumer-price index from May 2015 to November 2015 a new index factor 3 has been calculated and will be effective as from 31 december 2016: 270,827 |
| Shipping Indices 1½ % and 3 % |
| On the basis of the development of the net consumer-price index from May 2015 to November 2015 a new shipping indices have been calculated and will be effective as from 31 december 2016: Shipping index 1½ %: 148,102 Shipping index 3 %: 195,273 |
| For further information concerning this exchange notice please contact Neil Woolrych, telephone +45 33 77 03 53. |
| NASDAQ OMX COPENHAGEN A/S |