Spar Nord Bank

Transaction in Own Shares • Feb 29, 2016

Nasdaq Copenhagen

29 February 2016 Company Announcement No. 5, 2016

Spar Nord share buyback programme: Transactions in week 8

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

	Number of shares	VWAP	Gross value (DKK)
Accumulated from	82,500		4,404,515
last announcement
22 February 2016	16,000	54.09	865,440
23 February 2016	14,000	54.65	765,100
24 February 2016	13,431	54.25	728,623
25 February 2016	14,000	54.17	758,380
26 February 2016	15,000	53.78	806,700
Total – week 8	52,431		3,924,252
Total - accumulated	154,931		8,328,767

Following the above transactions, Spar Nord holds a total of 363,610 own shares, equal to 0.29 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