47WR Nat.grid.n.a 23

        
 Re:                                                                                                 EKSPORTFINANS A/S
                                                                                                     USD 5,000,000.00
                                                                                                     MATURING: 28-Apr-2015
                                                                                                     ISIN: XS0166231562
                                                                                                                          
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 28-Apr-2008 TO 28-Oct-2008 HAS BEEN FIXED AT 7.000000 PCT
  
 DAY BASIS: 30/360
  
 INTEREST PAYABLE VALUE 28-Oct-2008 WILL AMOUNT TO:
 USD 350.00 PER USD 10,000.00 DENOMINATION
    
    

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