Nordic Investment Bank



Re:  NORDIC INVESTMENT BANK
     GBP 100,000,000.00
     MATURING: 17-Jul-2024
     ISIN: XS0116636134

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Jan-2008 TO 17-Jul-2008 HAS BEEN FIXED AT 3.530654 PCT

DAY BASIS: ACTUAL/ACTUAL(ISMA)

INTEREST PAYABLE VALUE 17-Jul-2008 WILL AMOUNT TO:
GBP 2,118,392.40 PER GBP 120,000,000.00 DENOMINATION



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