BW20030402002101  20030402T165104Z UTC


( BW)(NORDEA-HYPOTEK-AB-PUBL)(BS61) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--April 2, 2003--

RE: NORDEA HYPOTEK AB
    EUR 200,000,000 SERIES 11 EMTN
    DUE: OCTOBER 2004
    ISIN: XS0155753790

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
04APR03 TO 04JUL03 HAS BEEN FIXED AT 2.54 PCT


INTEREST PAYABLE VALUE 04JUL03 WILL AMOUNT TO:
EUR 642.06 PER EUR 100,000 DENOMINATION


IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3854/5/6 OR FAX: 44 20 7508 3881


   Short Name: Nordea Hypotek AB
   Category Code: RC
   Sequence Number: 00003588
   Time of Receipt (offset from UTC): 20030402T171819+0100

    --30--ne/uk*

    CONTACT: Nordea Hypotek AB (PUBL)

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Nordea Hypotek AB

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