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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 12.700000 PCT.

INTEREST PAYABLE VALUE 17/Sep/2007 WILL AMOUNT TO
USD 2,138,633.97 PER USD 25,000,000.00 NOMINAL.


IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855
FAX: 44 (0)20 7508 3866
Email: rate.fixing@citigroup.com

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