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Nordic Investment Bank




RE: Nordic Investment Bank
    USD 25,000,000.00
    MATURING: 15-Mar-2015
    ISSUE DATE: 15-Mar-2005
    ISIN: XS0214112996

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Mar-2007 TO 15-Sep-2007 HAS BEEN FIXED AT 16.964882 PCT

DAY BASIS 184/365

INTEREST PAYABLE VALUE 15-Sep-2007 WILL AMOUNT TO:
USD 2,138,039.92 PER USD 25,000,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com

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