Alm. Brand — Capital/Financing Update 2007

Jun 29, 2007

To th e Copen h agen Stock E xch an ge N i kol aj P l ads 6 DK-1007 Copen h agen K

An n ou n cemen t N o. 1 4/2007 Date

Page

29 J u n e 2007 1 of 1

Alm. Bran d Ban k A/S rai ses DKK 200, 000, 000 su bordi n ated l oan

Alm . B ran d B an k A/S h as today rai sed a DKK 200, 000, 000 su bord i n ated l oan .

Th e l oan h as a term of ei gh t years wi th opti on al earl y redem pti on after fi ve years su bject to certai n con d i ti on s.

Th e su bordi n ated l oan wi l l form part of th e ban k' s capi tal base an d th ereb y en abl e th e ban k to con ti n u e p u rsu i n g i ts pl an s for growth .

Th e su bordi n ated l oan was arran ged i n col l aborati on wi th H SH N ordban k AG.

P l ease d irect an y qu esti on s to H en ri k N ordam , Ch i ef E xecu ti ve, on tel . +45 35 47 48 49.

Alm . B ran d B an k A/S

Henrik Nordam Ch i ef E xecu ti ve