Sydbank — Director's Dealing 2009

Dec 16, 2009

DFSA 110, Aarhusgade 2100 Copenhagen E

Group Executive Management Executive Management

Peberlyk 4 · PO Box 1038 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

16 December 2009

Reporting for Reporting ting for15 December 15 December December 2009

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:	Karen Frøsig
Cause:	Deputy Group Chief Executive
Issuer and Securities ID:	DK001031147 – Sydbank A/S
Nature of transaction:	Purchase
Trading date:	15 December 2009
Exchange:	Nasdaq OMX Copenhagen
Number:	97 shares
Market price (DKK):	11,994
Name:	Per Olesen
Cause:	Board Member
Issuer and Securities ID:	DK001031147 – Sydbank A/S
Nature of transaction:	Purchase
Trading date:	15 December 2009
Exchange: Number:	Nasdaq OMX Copenhagen 113 shares

Please note: The transactions refer to Sydbank's Employee Share Scheme involving reduction in gross income. According to the Scheme the rate is the average rate as at 7 December 2009.

Yours faithfully

Jakob Aakjær Head of Executive Secretariat