Individual Government Guarantee

Morsø Bank A/S

Reg. nr.: 033
Isin
code		Date
issued		ProgrammePrincipal
amount		CurrencyEnd of
issuance		Expiry of
guarantee		 Certificate no.Guarantee
activated
DK003025365325.06.2010  350.000.000 DKK19.06.201319.06.2013033-0001-00001 No
Loan agreement no. 2010-0008 dated 8 June 2010 between Morsø Bank A/S as borrower and Valhalla II S.A. as lender28.06.2010  150.000.000 EUR28.06.201328.06.2013033-0002-00001 No
Loan Agreement dated 18 June 2010 between Morsø Bank A/S as borrower and DanFin Funding Limited as lender16.07.2010  42.358.500 USD16.07.201316.07.2013033-0003-00001 No