Spar Nord Bank

Capital/Financing Update • Dec 14, 2012

Today, Spar Nord has decided to prematurely redeem the remaining DKK 1.25
billion of a bonds issue totalling DKK 2.5 billion issued in 2010 with maturity
15 July 2013.

The premature redemption will take place according to Section 20 in the Final
Terms of ISIN code DK0030257993 and will be effected together with the payment
of interest on 15 January 2013.

For comments on this Company Announcement, please contact Ole Madsen at (+45)
9634 4010.