Spar Nord Bank

Share Issue/Capital Change • Mar 1, 2012

At the Extraordinary General Meeting held on 1 March 2012, the
shareholders adopted the proposal
regarding an authorization for the Board of Directors to increase the Company’s
share capital.

Reference is made to Company Announcement 3/2012 for further information
about the abovementioned authorization.

Best Regards,

Spar Nord

Ole Madsen

Senior Vice President

Telephone: +4596344010

oma@sparnord.dk