OREANDA-NEWS. February 21, 2011. We would like to inform about the intention of the Board of Directors of Nordea Fund of Funds to terminate the Sub-fund Nordea Fund of Funds - Choice Pan- European Equities in the foreseeable future, reported the press-centre of Nordea.

The assets under management in the sub-fund have decreased over the past years and are currently far below the required minimum amount of EUR 10,000,000.00. As a consequence thereof, the Board of Directors no longer considers it possible to give the shareholders the necessary risk spreading and to maintain the Sub-fund economically viable.

The Board of Directors would like to offer shareholders the possibility of redeeming their shares now and subscribing for new shares in (an) other Sub-fund(s) of Nordea Fund of Funds, free of any subscription, redemption or conversion charges (but taking into account the costs of termination of the Sub-fund). This offer is available from the date of this letter, and instruction to redeem (and to subscribe to shares in other Sub-fund(s) of Nordea Fund of Funds) must be received by Nordea Bank S.A. at 562, rue de Neudorf, L-2220 Luxembourg, Grand Duchy of Luxembourg, on 04 March 2011 by duly signed letter or facsimile (+352 43 93 52) before or at 3:30pm Luxembourg time at the latest.

Nordea Fund of Funds offers a range of further Sub-funds with different investment policies. For more information about alternative investment possibilities, shareholders are kindly invited to consult the current Prospectus and/or contact their investment advisor.