Sydbank — Director's Dealing 2008

Nov 28, 2008

74A, Gl. Kongevej 1850 Frederiksberg C Peberlyk 4 · PO Box 1038

DFSA Group Executive Management

DK-6200 Aabenraa

Tel +45 74 36 36 36 Fax +45 74 36 35 36

www.sydbank.dk SWIFT SYBKDK22

Sydbank A/S CVR-nr. DK 12626509, Aabenraa

23 October 2008

Reporting for 22 October 2008

Under section 28a of the Danish Act on Securities Trading, Sydbank A/S is obliged to announce that a transaction concerning Securities ID 1031147 – Sydbank has been conducted by:

Name: Torben A. Nielsen Nature of transaction: Sale Trading date: 22 October 2008 Number: 3,191 shares Market price (DKK): 392,493

Cause: Deputy Group Chief Executive Issuer and Securities ID: DK001031147 – Sydbank A/S Exchange: OMX Nordic Exchange Copenhagen A/S

Yours faithfully

Jan Hovmand-Olsen Head of Executive Secretariat