81PI Nordic 2.805iln

    Statement re Notice of Election of Home State
             



Nordic Investment Bank hereby gives notice pursuant to Rule 6.4.2R of
the Disclosure and Transparency Rules of the United Kingdom Financial
Services Authority that it has chosen the United Kingdom as its Home
State in accordance with Article 2(1)(ii) of Directive 2004/109/EC
(the "Transparency Directive"). The contents of this notice
constitute regulated information. Words and expressions used in this
notice have the meanings given to them by the Disclosure and
Transparency Rules unless the context requires otherwise.

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This announcement was originally distributed by Hugin. The issuer is 
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