OMX Copenhagen Stock Exchange London Stock Exchange Bourse de Luxembourg Other stakeholders Stock Exchange Announcement No 06/07 Group Executive Management Peberlyk 4 PO Box 1038 DK-6200 Aabenraa Tel +45 74 36 36 36 Fax +45 74 36 35 36 direktionen@sydbank.dk www.sydbank.com SWIFT SYBKDK22 Sydbank A/S CVR No DK 12626509, Aabenraa Date Direct tel +45 74 36 20 50 2 March 2007 mogens.asmund@sydbank.dk Dear Sirs Sydbank raised hybrid capital To strengthen the Bank's capital resources, Sydbank raised a hybrid Tier 1 loan of EUR 49 million. Consequently the loan which the Bank raised in April 2006 is increased to a total of EUR 100 million. Subject to the approval of the Danish Financial Supervisory Authority, the loan can be repaid as from 25 April 2017. Yours faithfully Mogens Asmund Group Executive Vice President