Spar Nord Bank

M&A Activity • Feb 23, 2015

NASDAQ OMX Copenhagen

Company Announcement no. 5

23 February 2015

Spar Nord Bank A/S examines the potential for placing shares in connection with Nordjyske Bank A/S' tender offer for Nørresundby Bank A/S

With reference to Company Announcement no. 2 of 13 January 2015, it is hereby announced that Spar Nord Bank A/S ("Spar Nord") has decided to actively examine, together with Carnegie Investment Bank, the potential for selling the Nordjyske Bank A/S ("Nordjyske Bank") shares that Spar Nord will receive if the tender offer for Nørresundby Bank A/S ("Nørresundby Bank") made by Nordjyske Bank goes through.

As stated in Company Announcement no. 2 it is a fundamental prerequisite for Spar Nord's acceptance of Nordjyske Bank's tender offer that Spar Nord will not become a major shareholder of the continuing bank following the planned merger between Nordjyske Bank and Nørresundby Bank.

Questions regarding this announcement

Please contact Lasse Nyby, Chief Executive Officer, at tel.+45 9634 4011, or Ole Madsen, Senior Vice President, Communication & IR, at tel. +45 9634 4010 if you have any questions regarding the contents of this Announcement.

Sincerely yours, Spar Nord Bank A/S

Ole Madsen Senior Vice President, Communication & IR

Spar Nord Bank A/S

Direktionen 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