Dear Sirs Reporting for 24 August 2007 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: Vagn Christensen Cause: Board Member Securities ID: DK001031147 - Sydbank A/S Nature of transaction: Sale Quantity: 2,200 shares Market price (DKK): 562,100 Exchange: OMX Nordic Exchange Copenhagen A/S Trading date: 24 August 2007 Yours faithfully Mogens Asmund Group Executive Vice President