Spar Nord Bank

Capital/Financing Update • Feb 7, 2011

To Nasdaq OMX København

Stock Exchange Announcement No. 1, 2011

7 February 2011

Spar Nord Bank's exposure to Amagerbanken

It is hereby announced that Spar Nord Bank does not have any exposure (e.g. credit facilities, bonds or shares) to Amagerbanken.

In relation the expected losses on the sector-targeted solution following Amagerbanken's bankruptcy it can be announced that Spar Nord Bank's share of Danish Banks' Deposit Guarantee Fund is 3.1 percent.

Kind Regards, Spar Nord Bank

Ole Madsen SVP Corporate Communication

Phone: +4596344010 oma@sparnord.dk

Spar Nord Bank A/S

Direktionssekretariatet 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