Consensus estimates

Last data input: Sep 2, 2010

Median / Actual (MEUR)	2009	2010e	Nordea growth	Peers growth	2011e	Nordea growth	Peers growth
Total income	9,073	8,833	-3%		9,286	5%
Total expenses	-4,512	-4,741	5%		-4,931	4%
Loan losses	-1,486	-967			-769
Operating profit	3,075	3,165	3%		3,643	15%
EPS (EUR)	0.60	0.57	-5%		0.67	18%

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Contributors

ABG Sundal Collier	Arctic Securities
Carnegie	Citigroup
Danske Equities	Evli Bank
Goldman Sachs	Handelsbanken
JPMorgan Cazenove	Jyske Markets
Merrill Lynch	Nomura
Öhman	Pohjola
SEB Enskilda	Swedbank
Sydbank
Anonymous estimates (1)

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Consensus estimates

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