The Copenhagen Stock Exchange The Luxembourg Stock Exchange The Frankfurt Stock Exchange The Düsseldorf Stock Exchange Euronext N.V. Oslo Børs ABM The Press 26 April 2007 Stock Exchange Announcement No. 7/2007 - FIH Interim Report January - March 2007 • Satisfactory profit after taxation of DKK 274m • Business activities in FIH's traditional business areas show continued satisfactory growth • Positive development in the new business areas • Major market value adjustments on unlisted shares continue Net profit for the period The profit after taxation for the first quarter of 2007 is DKK 274m, which is DKK 44m below the result for the same period of last year. Profit before taxation is DKK 383m, which is DKK 29m below the result for the same period of last year but considerably better than expected. Activities FIH's lending activities in Denmark maintain a satisfactory performance level. The loan portfolio has increased by 3.6 per cent in Q1, and the growth is primarily ascribed to an increase in lending to large and medium sized companies. The activities of the two new business areas, FIH PARTNERS A/S and Capital Markets, continue to develop satisfactorily. Net interest and fee income Net interest and fee income amounts to DKK 304m in Q1 2007 compared to DKK 287m in Q1 2006. Market value adjustments In Q1 2007, the FIH Group realised earnings of DKK 213m on market value adjustments. A considerable part of the total market value adjustments consists of market value adjustments on shares, amounting to DKK 159m. Profit on investments in associates and group enterprises contributed DKK 5m compared to DKK 25m in the same period of 2006. Expenses Expenses amount to DKK 156m compared to DKK 92m in Q1 2006, which equals an increase of DKK 64m. This increase in total costs reflects the initiatives in new activity areas. Losses and writedowns Losses and writedowns remain low and amount to DKK 4m compared to negative DKK 15m in the same period 2006. Balance sheet Liabilities and equity at the end of March 2007 amount to DKK 107,046m, which is an increase of DKK 11,048m compared to the end of 2006. This increase is primarily due to an increase in liquidity (including bonds), which has increased by DKK 12,570m to a total of DKK 31,369m. Shareholders' equity and solvency By including the net profit for the period, the consolidated shareholders' equity amounts to DKK 6.9bn to which may be added subordinated capital of DKK 3.0bn. In Q1, FIH has raised a subordinated loan of EUR 200m which entails total subordinated debt of DKK 3.0bn, up from DKK 1.6bn at the end of 2006. Total group solvency ratio is 11.3 per cent, and core capital amounts to 7.9 per cent at the end of March 2007. At the end of 2006, the equivalent figures were 10.0 per cent and 8.3 per cent respectively. Return on equity At the end of March 2007, return on equity before taxation is 22.5 per cent p.a. compared to 27.7 per cent at the end of March 2006. Return on equity after taxation is 16.1 per cent p.a. at the end of March 2007. The expectations of FIH's result for the entire year of 2007 Based on the net profit for Q1 2007, a result for the year exceeding DKK 1bn is expected in 2007. On behalf of the Board of Directors Hans Skov Christensen Chairman For further information please contact Lars Johansen, telephone +45 7222 5000 Enclosures Income statement and balance sheet for the FIH group The total Announcement is enclosed as a pdf-document