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Spar Nord Bank

M&A Activity Jul 1, 2014

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Referring to company announcement no. 12 of 21 May 2014 concerning Spar
Nord’s acquisition of a customer portfolio from FIH Erhvervsbank A/S, notice is
hereby given that the transaction, following compliance with all formal
conditions and resolution of sundry practical issues, has now been finally
completed.

The activities acquired by Spar Nord will consequently be recognised in
the bank’s balance sheet and income statement as of today.

Please direct any questions
regarding this announcement to Ole Madsen, Senior Vice President,
Communication, on tel. +45 96 34 40 10.

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