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Copenhagen Stock Exchange Briefing No 500: Index Factor 3 Remaining Debt/Bonds CSE, The Minimum Coupon Rate

Date 15/12/2004

Index Factor 3, Remaining Debt/Bonds

On the basis of the development of the net consumer-price index from May 2004 to November 2004 a new index factor 3 has been calculated and will be effective as from 31 December 2005:

222,157

Shipping Indices 1½ % and 3 %
On the basis of the development of the net consumer-price index from May 2004 to November 2004 new shipping indices have been calculated and will be effective as from 31 December 2005:
Shipping index 1½ %: 135,093
Shipping index 3 %: 166,789

The Minimum Coupon Rate

The minimum coupon rate applicable to bonds, instruments of debt, mortgages and other debts, cf. the Danish Gains on Securities Act No 806 of 24 September 2003 as amended, has for the period from 1 January 2005 to 30 June 2005 been fixed at an unchanged rate of

3 % p.a.

If the market rate should change considerably during this period, the Copenhagen Stock Exchange may announce a new minimum coupon rate.