Nordea Hypotek AB (PUBL)

RE: NORDEA HYPOTHEK AB (PUBL)
    EUR 100,000,000.00   
    MATURING: 29-Mar-2005
    ISSUE DATE: 28-Mar-2003
    ISIN: XS0165651133

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
29-Mar-2004 TO 29-Jun-2004 HAS BEEN FIXED AT 2.019000 PCT

INTEREST PAYABLE VALUE 29-Jun-2004 WILL AMOUNT TO:
EUR 515.97 PER EUR 100,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857/3855 OR FAX: 44 20 7508 3881
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