Spar Nord Bank

Transaction in Own Shares • Jul 2, 2016

Nasdaq Copenhagen

2 July 2016 Company Announcement No. 26, 2016

Spar Nord share buyback programme: Transactions in week 26

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 in compliance with the European Commission's Regulation No 2273/2003 of 22 December 2002 (the Safe Harbour Regulation).

In week 26 of 2016, the following transactions have been made under the programme:

	Number of	VWAP	Gross value
	shares		(DKK)
Accumulated from last	1,319,931		73,033,857
announcement
27 June 2016	30,000	50.63	1,518,900
28 June 2016	25,000	51.25	1,281,250
29 June 2016	24,000	51.67	1,240,080
30 June 2016	15,000	51.96	779,400
1 July 2016	15,000	54.25	813,750
Total – week 26	109,000		5,633,380
Total accumulated	1,428,931		78.667,237

Following the above transactions, Spar Nord holds a total of 1,530,710 own shares, equal to 1.22 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