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Nineteen Stage Deposit PLUS

In the end of the deposit period You will get guaranteed annual interest of 0,5%, PLUS 18%* additional interest on Your deposit, if the price of the shares of the three well-known international corporations Canon Inc., Boeing Company and Deutsche Telecom AG on the 15th of May 2009 is the same or higher than the initial price by the end of the 7th of June 2006.

Sale pariod 3 April 2006 – 29 May 2006**
Maturity date 31 May 2009
Minimum deposit 500 EUR
Deposit interest Fixed annual interest 0.5%
Additional interest 18% * if the rates of all three reference shares on 15 July 2008 (determination date) are on the same or higher level as on 7 August 2006 (starting day). The additional interest is not annual interest.
Reference shares Canon Inc.; The Boeing Company; Deutsche Telekom AG.

Shares tied to the deposit

Canon Inc.
(S&P’s rating – ***** (Strong buy))

Listed: at the Tokyo Stock Exchange

Canon Inc. is one of the world’s leading producers of photographic and image processing equipment. The company’s turnover in the financial period 2005 was some JPY 2,480bn (i.e. EUR 18.5bn). Canon’s strong performance in recent times has most of all been based on the company’s expertise in digital equipment. The backbones of the company’s product portfolio are digital still cameras, video cameras and other digital image processing equipment like copiers and scanners. In the financial period 2005 the company’s operating profit was about JPY 290bn (EUR 2.2bn). It employed about 20,000 people at the end of 2005. Further information: www.canon.com.

The Boeing Company
(S&P’s rating – **** (Buy))

Listed: at the New York Stock Exchange

Boeing Company is the world’s leading producer of civil aircraft together with its European competitor Airbus. The company’s turnover was some USD 54.8bn (i.e. about EUR 46.3bn) in the financial period 2005. Boeing Company’s core business is the production of jet engine aircraft for commercial use. The company’s field of operation also includes military aviation and space technology. The US continues to be the company’s most important market area. The strong growth of the Asian airlines recently has made Asia the company’s second most important market area and left Europe on the third place. The company’s turnover was some USD 2.6bn in 2005 (i.e. about EUR 2.2bn). It employed about 153,000 people at the end of 2005. Further information: www.boeing.com.

Deutsche Telekom AG
(S&P’s rating – **** (Buy))

Listed: at the Frankfurt (Xetra) Stock Exchange

Deutsche Telekom AG is one of Europe’s largest telecommunication operators. The company’s turnover was EUR about 59.6bn in the financial period 2005. The company’s business operations include the supply of fixed and mobile telecommunication connections and telecommunication solutions for companies. The company’s first and foremost market area is Germany, but the importance of other European countries for Deutsche Telekom has increased significantly during the past few years. The company’s turnover was about EUR 5.6bn in the financial period 2005. At the end of 2005 the company had about 244,000 employees. Further information: www.telekom3.de.

* Accurate additional interest alternatives will be defined on 7 June 2006.

** Deposit PLUS will be updated every two months. This will give possibility to put Your money repeatedly into deposits, that are tied to the shares of different companies.

More information about Deposit PLUS is available by tel. +370 5 2361 361 or by e-mail info@nordea.lt.