What was the total shareholder return in 2008?
– Total shareholder return (TSR) during the year 2008 amounted to -46,9% (6,4% in 2007). The calculation of TSR is based on the share price development during the year, assuming the dividend of EUR 0.50 per share is reinvested in Nordea shares. In Q1 2009 the TSR ended at -3.8%. Nordea was number 6 of 20 in the European peer group, where the average TSR was -23.3%.