Nordea will cut its Prime Rate by 0.6 percentage points to 2.9 per
cent. The new Prime Rate will enter into force on 2 February 2009.

Nordea Prime Rate is primarily used as a reference rate for housing
loans.

The decision is based on the development of the market rates.

For further information:
Jussi Mekkonen, Household, Finland, +358 9 165 88128, +358 50 368
7029
Reijo Heiskanen, Economic Research, Finland, +358 9 165 59942, +358
50 568 6623


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