Spar Nord Bank

Transaction in Own Shares • Dec 12, 2016

Nasdag Copenhagen

12 December 2016

Company Announcement No. 54, 2016

Spar Nord share buyback programme: Transactions in week 49

In the Annual Report 2015, Spar Nord announced a share buyback programme of DKK 150 million. The buy-back was initiated on 15 February 2016 and will be completed no later than 31 December 2016.

The purpose of buying back shares is to reduce the share capital of Spar Nord, and the programme is executed under the European Commission's Regulation No. 596/2014 of 16 April 2014 (the "Market Abuse Regulation")

In week 49 of 2016, the following transactions have been made under the programme:

	Number of	VWAP	Gross value
	shares		(DKK)
Accumulated from last	2,311,642		133,229,565
announcement
5 December 2016	10,000	73.47	734,700
6 December 2016	12,000	74.00	888,000
7 December 2016	14,000	74.56	1,043,840
8 December 2016	12,000	74.49	893,880
9 December 2016	11,000	76,14	837.540
Total – week 49	59,000		4,297,960
Total - accumulated	2,370,642		137,627,525

Following the above transactions, Spar Nord holds a total of 2,404,535 own shares, equal to 1.92 per cent of the Bank's share capital.

Questions regarding this announcement can be directed to the undersigned at tel. +45 25 27 05 80.

Sincerely yours, Spar Nord

Ole Madsen Senior Vice President, Communication & IR Telephone: +45 96344010 oma@sparnord.dk

Spar Nord Bank A/S

Kommunikation og forretningsudv. Skelagervej 15 9000 Aalborg Reg. nr. 9380 Telefon 96344000 Telefax 96344000 Swift spno dk 22 www.sparnord.dk

Appendix – data on transactions

Volume	Price	Venue	Time CET
1762		73,5 XCSE	20161205 11:33:14.181000
238		73,5 XCSE	20161205 11:48:31.600000
1762		73 XCSE	20161205 13:11:15.984000
4000		73,5 XCSE	20161205 15:29:24.112158
223		73,75 XCSE	20161205 16:21:04.459000
444		73,75 BATD	20161205 16:21:04.474000
643		73,75 CHID	20161205 16:21:04.474000
671		73,75 TRQM	20161205 16:21:04.474000
28		73,75 CHID	20161205 16:21:04.545000
229		73,75 CHID	20161205 16:21:04.615000
Volume	Price	Venue	Time CET
1749		74 XCSE	20161206 15:06:52.039000
3497		74 XCSE	20161206 15:06:52.039000
94		74 TRQX	20161206 15:06:52.038000
52		74 CHIX	20161206 15:06:52.038000
105		74 BATE	20161206 15:06:52.038000
189		74 TRQX	20161206 15:06:52.038000
104		74 CHIX	20161206 15:06:52.038000
210		74 BATE	20161206 15:06:52.038000
1749		74 XCSE	20161206 15:23:03.678000
52		74 CHIX	20161206 15:23:03.678000
105		74 BATE	20161206 15:23:03.678000
94		74 TRQX	20161206 15:23:03.677000
1749		74 XCSE	20161206 16:37:45.626000
1749		74 XCSE	20161206 16:37:45.626000
52		74 CHIX	20161206 16:37:45.624000
52		74 CHIX	20161206 16:37:45.624000
105		74 BATE	20161206 16:37:45.624000
105		74 BATE	20161206 16:37:45.624000
94		74 TRQX	20161206 16:37:45.624000
94		74 TRQX	20161206 16:37:45.624000
Volume	Price	Venue	Time CET

5000 74,5 XCSE 20161207 10:39:44.453558 9000 74,59 XCSE 20161207 17:00:40.735366 Spar Nord Bank A/S

Kommunikation og forretningsudv. Skelagervej 15 Reg. nr. 9380 Telefon 96344000 Telefax 96344000 Swift spno dk 22 www.sparnord.dk

Volume	Price	Venue	Time CET
2000		74,5 XCSE	20161208 12:24:27.379000
2000		74,5 XCSE	20161208 12:24:27.379000
214		74 TRQX	20161208 12:24:27.586000
1286		74,5 XCSE	20161208 14:36:51.355000
107		74,5 TRQX	20161208 14:36:51.371000
177		74,5 XCSE	20161208 14:59:55.277000
21		74,5 XCSE	20161208 15:00:25.309000
249		74,5 XCSE	20161208 15:09:37.372000
160		74,5 XCSE	20161208 15:29:04.908000
5000		74,5 XCSE	20161208 16:46:58.119961
786		74,5 XCSE	20161208 16:54:31.482000

Volume	Price	Venue	Time CET
11000		76,14 XCSE	20161209 16:40:42.784392

Spar Nord Bank A/S

Kommunikation og forretningsudv. Skelagervej 15 Reg. nr. 9380 Telefon 96344000 Telefax 96344000 Swift spno dk 22 www.sparnord.dk