Company Announcement 3 - 2008 The OMX Copenhagen Stock Exchange 21 January 2008 Statement on share deal submitted to OMX Copenhagen Stock Exchange Forstædernes Bank hereby clearly wants to repudiate that the bank's share has been traded on the basis of internal knowledge in the days around 16 January 2008. Such speculations have been expressed by a Danish daily paper on 19 and 21 January 2008 due to noticeable deals prior to the Bank's company announcement of 16 January expressing expectations of the core earnings for 2007. In an internal investigation Forstædernes Bank has scrutinized all deals in the days around the company announcement, and we have mapped the decision process in connection with the issue of the company announcement of 16 January 2008. Based on this investigation we have today submitted a statement on the biggest deals and the decision process concerning the company announcement to OMX Copenhagen Stock Exchange. From this statement it appears: • That the decision to make the company announcement was made in the afternoon of 16 January 2008 solely in order to correct false rumours - in the daily press of that day about negative expectations of the bank's coming financial statements • That none of the relevant deals can have been made based on internal knowledge - neither externally nor in the bank's own dealer function The Executive Board -------------------------------------------------------------------------------- Contact person: Steffen Torvits, Investor Relations & Communication Manager, tel. +45 22 22 20 36 This announcement has been issued both in Danish and English. In case of any discrepancies, the Danish version shall prevail.