Spar Nord Bank

Transaction in Own Shares • Dec 27, 2016

Nasdaq Copenhagen

27 December 2016 Company Announcement No. 56, 2016

Spar Nord share buyback programme: Transactions in week 51

In the Annual Report 2015, Spar Nord announced a share buyback programme of DKK 150 million. The buy(back was initiated on 15 February 2016 and will be completed no later than 31 December 2016.

The purpose of buying back shares is to reduce the share capital of Spar Nord, and the programme is executed under the European Commission's Regulation No. 596/2014 of 16 April 2014 (the "Market Abuse Regulation")

In week 51 of 2016, the following transactions have been made under the programme:

	Number of shares	VWAP	Gross value (DKK)
Accumulated from last announcement	2,445,642		143,482,425
19 December 2016	11,000	79.63	875,930
20 December 2016	15,000	78.66	1,179,900
21 December 2016	9,000	78.35	750,150
22 December 2016	10,000	78.62	786,200
23 December 2016	10,000	80.70	807,000
Total – week 51	55,000		4,354,180
Total accumulated	2,500.642		147,836,605

Following the above transactions, Spar Nord holds a total of 2,550,677 own shares, equal to 2.03 per cent of the Bank's share capital.

Questions regarding this announcement can be directed to the undersigned at tel. +45 25 27 05 80.

Sincerely yours, Spar Nord

Ole Madsen Senior Vice President, Communication & IR Telephone: +45 96344010 oma@sparnord.dk

Spar Nord Bank A/S

Direktionen Skelagervej 15 9000 Aalborg Reg. nr. 9190 Telefon 96344000 Telefax 96344000 Swift spno dk 22

www.sparnord.dk

Appendix – data on transactions

Volume	Price	Venue	Time CET
63	79	XCSE	20161219 09:19:37.751000
812	79,5	XCSE	20161219 10:42:22.649000
188	79,5	XCSE	20161219 10:42:22.649000
74	79	BATE	20161219 11:11:17.966000
133	79,5	XCSE	20161219 12:37:52.380000
400	79,5	XCSE	20161219 12:37:52.380000
200	79,5	XCSE	20161219 12:37:52.380000
1000	79,5	XCSE	20161219 12:37:52.380000
130	79,5	XCSE	20161219 12:37:52.380000
3000	80	XCSE	20161219 15:20:32.818000
5000	79,5	XCSE	20161219 16:42:29.184849
Volume	Price	Venue	Time CET
234	79	BATE	20161220 11:02:15.386000
234	79	BATE	20161220 12:24:41.885000
234	79	BATE	20161220 12:24:41.885000
192	79	TRQX	20161220 12:24:41.887000
47	79	CHIX	20161220 12:24:41.889000
89	79	CHIX	20161220 12:24:41.889000
2251	79	XCSE	20161220 12:24:48.716000
2293	79	XCSE	20161220 12:24:48.716000
192	79	XCSE	20161220 12:24:48.755000
234	79	XCSE	20161220 12:24:48.756000
156	78,5	BATE	20161220 13:26:03.446000
118	78,5	TRQX	20161220 13:47:08.800000
118	78,5	TRQX	20161220 14:10:21.874000
1490	78,5	XCSE	20161220 14:23:33.507000
118	78,5	XCSE	20161220 14:23:33.588000
541	78	XCSE	20161220 14:47:00.611000
100	78	XCSE	20161220 14:47:01.583000
98	78	XCSE	20161220 14:47:02.750000
261	78	XCSE	20161220 14:47:03.879000
59	78	CHIX	20161220 15:36:27.706000
59	78	CHIX	20161220 15:36:27.706000
511	78,5	XCSE	20161220 15:49:55.771000
489	78,5	XCSE	20161220 15:49:55.771000
59	78	CHIX	20161220 16:18:18.400000
59	78	CHIX	20161220 16:18:18.400000
1000	78,5	XCSE	20161220 16:23:57.347000
1882	78,5	XCSE	20161220 16:24:06.854000
1882	78,5	XCSE	20161220 16:35:20.202000

Volume	Price	Venue	Time CET
169	78,5	BATE	20161221 09:24:07.359000
169	78,5	BATE	20161221 10:05:02.041000
22	78,5	CHIX	20161221 10:05:02.041000
147	78,5	BATE	20161221 10:05:04.610000
1346	78,5	XCSE	20161221 10:05:08.989000
147	78,5	BATE	20161221 10:05:09.000000
464	78	XCSE	20161221 12:15:22.614000
2000	78,25	XCSE	20161221 12:17:39.913871
76	78	XCSE	20161221 12:22:32.487000
1100	78	XCSE	20161221 12:26:06.486000
3360	78,5	XCSE	20161221 16:42:48.188000

Volume	Price	Venue	Time CET
294	78,5	XCSE	20161222 09:40:35.058000
94	78,5	XCSE	20161222 09:40:35.058000
1612	78,5	XCSE	20161222 09:40:35.058000
310	78	XCSE	20161222 10:02:37.803000
1000	78,5	XCSE	20161222 12:32:31.635000
2000	78,5	XCSE	20161222 14:50:21.825000
1463	78,5	XCSE	20161222 15:05:57.512000
433	78,5	XCSE	20161222 15:05:57.512000
104	78,5	XCSE	20161222 15:05:57.512000
1690	79	XCSE	20161222 16:12:38.928000
1000	79	XCSE	20161222 16:30:00.927000

Volume	Price	Venue	Time CET
1500	79,5	XCSE	20161223 11:43:07.081000
200	82	XCSE	20161223 12:30:21.362000
100	82	XCSE	20161223 12:30:21.362000
700	82	XCSE	20161223 12:30:21.362000
1000	82	XCSE	20161223 13:12:00.184000
28	81	XCSE	20161223 14:11:34.117000
365	81	XCSE	20161223 14:55:46.216000
607	81	XCSE	20161223 15:36:29.874000
816	80,5	XCSE	20161223 15:44:21.082000
200	80,5	XCSE	20161223 16:28:12.329000
4484	80,5	XCSE	20161223 16:32:55.928000