Nordea Kredit Realkreditaktieselskab hereby publishes supplement no. 2 to
Base
Prospectus for the Issuance of Mortgage Bonds (ROs) and Covered Mortgage
Bonds
(SDROs) for Nordea Kredit Realkreditaktieselskab dated 24 February
2020.

The amendment to the Base Prospectus was a consequence of

  · the
publication of the half year report 2020
  · recent changes in the Executive
Management

Any questions can be directed to Jesper Bærentzen phone (+45) 55 47
41 95.

Kind regards

Nordea Kredit Realkreditaktieselskab