Eik Bank assumes 40 million Euro in subordinated debt

Valid from 28 March Eik Bank has assumed a loan of 40 million Euro as
subordinated debt. The proceeds will be used to sustain the continous growth. 

The loan has been assumed at variable interest, with an 8 year term, with the
possibility of premature redemption after 5 years, with the approval of the
Danish Financial Supervisory Authority. 

For more information regarding the subordinated debt please contact Eik Bank.