The Bank of Greenland, Half Year financial report


Earnings before tax, DKr 62.265m as compared to DKr 40.016m for the first six   
months 2006. Core earnings DKr 69.428m - an increase of 41%. Earnings before tax
yielded interest on shareholders' equity as of the beginning of the year of     
9,8%. Solvency ratio, excl. earnings for the first half-year, was 18,2%. Based  
on development in lending activities conducted during first six months, core    
earnings for the entire years are expected to be approx. 20% higher than in     
2006.                                                                           
The profit before tax is expected to be a good 10% higher than in 2006.

Attachments

12.half-year report 2007.pdf 12.halvarsrapport 2007.pdf