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Spar Nord Bank

Capital/Financing Update Feb 12, 2015

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The purpose of this announcement is to inform that Spar Nord has received the
permission of the Danish Financial Supervisory Authority to repay a bond loan
(ISIN DK0003457687) for DKK 350,000,000.00, currently classified as hybrid core
capital.

The repayment will take place on 16 March 2015.

Sincerely yours,
Spar Nord Bank A/S

Ole Madsen
Senior Vice President, Corporate Communication

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