Reporting for 24 October 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: Preben L. Hansen Cause: Deputy Group Chief Executive Securities ID: DK001031147 - Sydbank A/S Nature of transaction: Sale Quantity: 8,000 shares Market price (DKK): 1,824,000 Exchange: OMX Nordic Exchange Copenhagen A/S Trading date: 24 October 2007 Yours faithfully Mogens Asmund Group Executive Vice President