Primary  placement of "Nordea Bank Finland Plc." medium-term notes will

take place on the Riga Stock Exchange on March 22, 2004.



Altogether  1,000 bearer notes will be offered at total value of LVL 10

million. The nominal value of one note is LVL 10,000.  The notes mature

on September 20, 2004, and the coupon is 3.50% per year.



Primary placement of "Nordea Bank Finland Plc" notes will take place on

the  RSE  automated  trading system during the trading session of March

22,  pursuant  to  the  placement  procedure  specified  in  the  issue

prospectus.  Pursuant  to  the  provisions of the prospectus, the price

will be set during the auction; the issuer shall set the bottom selling

price.



Any  investor  may  participate  at  the  primary  placement auction by

submitting the bids to banks or brokerage companies licensed for public

trading and custody services.



March  24,  2004  is the settlement date for the notes purchased at the

auction.



Pursuant to the RSE Management Board resolution, the 1 000 "Nordea Bank

Finland  Plc."  (represented by "Nordea Bank Finland Plc Latvia branch)

notes  placed  via  the auction will be listed on the RSE Official debt

securites list on March 25, 2004.



-   NORDEA_Euro-Medium Term Note Programme (785.57 KB) 



For more information or comments, please contact:

Krista Grīntāle

Director of Coroprate Communications Department

Phone: 371  7212431