Spar Nord Bank

Transaction in Own Shares • Jun 6, 2016

Nasdaq Copenhagen

6 June 2016 Company Announcement No. 22, 2016

Spar Nord share buyback programme: Transactions in week 22

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 22 of 2016, the following transactions have been made under the programme:

	Number of	VWAP	Gross value (DKK)
	shares
Accumulated from	1,008,931		56,325,017
last announcement
30 May 2016	5,000	58.00	290,000
31 May 2016	8,000	57.47	459,760
1 June 2016	7,000	57.43	402,010
2 June 2016	13,000	56.88	739,440
3 June 2016	12,000	56.27	675,440
Total – week 22	45,000		2,566,450
Total - accumulated	1,053,931		58,891,467

Following the above transactions, Spar Nord holds a total of 1,142,125 own shares, equal to 0.91 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 Postboks 162 9100 Aalborg

Reg. nr. 9380 Telefon 96 34 40 00 Telefax 96 34 45 62 Swift spno dk 22

www.sparnord.dk sparnord@sparnord.dk

Spar Nord Bank A/S

Direktionen Postboks 162 9100 Aalborg

Reg. nr. 9380 Telefon 96 34 40 00 Telefax 96 34 45 62 Swift spno dk 22

www.sparnord.dk sparnord@sparnord.dk