The Nomination Committee of Nordea Bank AB (publ) was established by
decision of the annual general meeting 2007 and comprises Jonas
Iversen, assistant undersecretary, Swedish government and chairman of
the Nomination Committee, Kari Stadigh, deputy CEO of Sampo Abp,
Mogens Hugo, chairman of Nordea Danmark-fonden, Christer Elmehagen,
president of AMF Pension and Hans Dalborg, chairman of the board of
directors. The Nomination Committee announces today its proposal to
Nordea's annual general meeting on 3 April 2008. The proposals will
also be presented in the notice to attend the meeting.

Election of board members and chairman of the board
The Nomination Committee proposes re-election until the end of the
next annual general meeting of Hans Dalborg, Marie Ehrling, Tom
Knutzen, Lars G Nordström, Timo Peltola, Ursula Ranin and Björn Savén
and also that Stine Bosse, Svein Jacobsen, Heidi M Petersen and Björn
Wahlroos be elected  new board members for the same period. The
Nomination Committee proposes that Hans Dalborg be re-elected
chairman of the board. Kjell Aamot, Harald Arnkværn, Birgitta Kantola
and Claus Høeg Madsen are not available for re-election.

Stine Bosse, Svein Jacobsen, Heidi M Petersen and Björn Wahlroos are
proposed new board members
Stine Bosse is born 1960. She has a Master of Laws from the
University of Copenhagen. Stine Bosse has been Group CEO of TrygVesta
A/S since 2003. She served with TrygVesta's predecessor Tryg
Forsikring A/S during the years 1987-2001, inter alia as head of
Human Resources 1995-1999 and subsequently as Senior Vice President
1999-2002 when she was appointed Group CEO. Stine Bosse is chairman
of the boards of Forsikring & Pension and Hjertebarnsfonden (Danish
Heart Child Disease Foundation) and board member of Grundfos
Management A/S and Poul Due Jensens Fond.

Svein Jacobsen is born 1951. He has an MBA from Norwegian School of
Economics and Business  Administration and is a certified public
accountant. Svein Jacobsen worked for Tomra Systems 1984-1996, as CEO
1988-1996 and as director of finance 1984-1988. Before then he worked
as an auditor in the company in Norway and the USA. Svein Jacobsen is
chairman of the board of Expert AS, Vensafe AS and Norse Cutting &
Abandonement AS. He is deputy chairman of the board of Orkla ASA and
Think Global AS and member of the Advisory Board in CVC Capital
Partners.

Heidi M Petersen is born 1958. She has a master's degree in chemistry
from the University of Trondheim. Heidi M Petersen was managing
director of Ramböll Future AS 2003-2007 and Future Engineering AS
2000-2002. Before then she served as Vice President in Kværner Oil &
Gas AS Sandefjord 1997-2000 and in various managerial posts with
Gullfaks C oljerigg 1995-1997. Heidi M Petersen is chairman of the
board of Sandefjord Lufthavn AS. She is a board member of Aker
Kværner ASA, Norsk Hydro ASA, Glamox ASA, Nortech Fpso ASA, Scan
Geophysical ASA, Norwegian Energy Company ASA, Ocean Heavylift ASA,
Skagerak Energy AS, Arendals Fossekompani ASA, Awilco Offshore AS and
Norsk Vekst AS.

Björn Wahlroos is born 1952. He is a Doctor of Economics from the
Swedish School of Economics in Helsinki. Björn Wahlroos has been
Group CEO and President of Sampo plc since 2001. He was chairman of
the management board of Mandatum Bank plc 1998-2000 and president of
Mandatum & Co Ltd 1992-1997. During the period 1985-1992 Björn
Wahlroos served with Union Bank of Finland, as executive vice
president and member of the executive committee1989-1992, as member
of the management board 1987-1988 and as deputy member of the
management board 1985-1987. Before then he was visiting associate
 professor in Managerial Economics and Decision Sciences at Kellogg
Graduate School of Management, Northwestern University 1983-1984,
visiting assistant professor in economics at Brown University
1980-1981, professor and acting professor of economics at the Swedish
school of economics 1979-1985 and acting lecturer and assistant
professor in finance at the Swedish school of economics 1974-1979.
Björn Wahlroos is a board member of the Finnish Business and Policy
Forum EVA/ETLA and the Mannerheim Foundation and has been proposed as
a new board member of UPM-Kymmene Oyj.

Independence pursuant to the Swedish code for corporate governance
Stine Bosse is Group CEO of TrygVesta A/S with whose subsidiary,
TrygVesta Forsikring A/S,  companies within the Nordea Group have
concluded an agreement concerning sale of general insurance products.
Lars G Nordström was employed as President and Group CEO of Nordea
Bank AB (publ) until 13 April 2007. Of the proposed board members,
all members apart from Stine Bosse and Lars G Nordström are
considered independent in relation to the company and its management.
The majority of the proposed board members are thus independent in
relation to the company and its management.

Björn Wahlroos is Group CEO and President of Sampo plc which,
together with the subsidiary Sampo Life, owns more than ten per cent
of all shares and votes in Nordea Bank AB (publ). Of the proposed
board members, all members apart from Björn Wahlroos are considered
independent in relation to the company's major shareholders. At least
two of the proposed board members who are independent in relation to
the company and its management are thus also independent in relation
to the company's major shareholders.

Fees to the board members and auditors
The Nomination Committee proposes a five per cent increase in the
fees to board members which means that the annual general meeting
sets the fees to the board in the amount of 252,000 euro to the
chairman, 97,650 euro to the deputy chairman and 75,600 euro per
member to the other members. In addition fees shall be paid for extra
board meetings in the amount of 1,840 euro per meeting and for
committee meetings 2,370 euro to the committee's chairman and
1,840 euro to the other members per meeting. Fees are not paid to
members who are employees of the Nordea Group.

Fees to the auditors are proposed to be payable as per invoice.

Establishment of Nomination Committee
It is proposed that a new Nomination Committee be established with
the task of presenting to the annual general meeting 2009 a proposal
concerning election of board of directors, chairman of the board and
auditors and also fees to the board members and auditors.

Report on the Nomination Committee's work
A report concerning how the Nomination Committee has conducted its
work will be available on Nordea's website www.nordea.com from 28
February.


For further information:
Jonas Iversen, chairman of the Nomination Committee, +46 8 405 22 44


http://hugin.info/1151/R/1190039/239446.pdf


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