Spar Nord Bank

Transaction in Own Shares • Jun 13, 2016

Nasdaq Copenhagen

13 June 2016 Company Announcement No. 23, 2016

Spar Nord share buyback programme: Transactions in week 23

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 in compliance with the European Commission's Regulation No 2273/2003 of 22 December 2002 (the Safe Harbour Regulation).

In week 23 of 2016, the following transactions have been made under the programme:

	Number of	VWAP	Gross value
	shares		(DKK)
Accumulated from	1,053,931		58,891,467
last announcement
6 June 2016	14,000	55.37	775,180
7 June 2016	12,000	55.92	671,040
8 June 2016	10,000	55.63	556,300
9 June 2016	10,000	55.08	550,800
10 June 2016	20,000	54.00	1,080,000
Total – week 23	66,000		3,633,320
Total	1,119,931		62,524,787
accumulated

Following the above transactions, Spar Nord holds a total of 1,243,383 own shares, equal to 0.99 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

Kommunikation og forretningsudv. Skelagervej 15 9000 Aalborg Reg. nr. 9380 Telefon 96344000 Telefax 96344000 Swift spno dk 22 www.sparnord.dk