-------------------------------------------------------------------------------- | | | ALM. BRAND BANK | | | | The Executive Board | | | | Midtermolen 7 | | | | DK-2100 Copenhagen Ø | | | | Tel. +45 35 47 48 49 | | | | www.almbrand.dk | -------------------------------------------------------------------------------- | To OMX Nordic Exchange Copenhagen A/S | Ref | HNM/npu | | Nikolaj Plads 6 | | | | P.O. Box 1040 | | | | DK-1007 Copenhagen K | | | -------------------------------------------------------------------------------- | Announcement no. 3/2008 | Date | 15 April 2008 | | Alm. Brand Bank A/S | Page | 1 of 1 | -------------------------------------------------------------------------------- Alm. Brand Bank - Results of the Annual General Meeting held on 15 April 2008 The Annual General Meeting of Alm. Brand Bank A/S held today was conducted in accordance with the agenda and the complete proposals presented by the Board of Directors. The Annual Report for 2007 was approved and the Board of Directors and the Management Board were granted discharge from liability. The Board's proposal that no dividends be distributed for the financial year ended 31 December 2007 and that the pre-tax profit for the year of DKK 148 million be transferred to shareholders' equity was adopted. The proposed amendments to the Articles of Association were adopted, as the Board's proposed resolution to delete the secondary name Alm. Brand Henton Bank A/S (Alm. Brand Bank A/S) was adopted. Furthermore, the Board's proposed resolution to add “and a resolution to discharge the Board of Directors and the Management Board from liability” in Article 8(1) of the Articles of Association was adopted. All Board members elected by the shareholders were up for election. In accordance with the proposal by the Board of Directors, the Board members Christian N.B. Ulrich, Jørgen Hesselbjerg Mikkelsen, Christian Hjorth-Andersen and Søren Bo Mortensen were re-elected. Deloitte Statsautoriseret Revisionsaktieselskab was re-appointed as the company's auditors. Please direct any questions regarding this announcement to Henrik Nordam, Chief Executive, on tel. +45 35 47 48 49. Yours sincerely Alm. Brand Bank A/S -------------------------------------------------------------------------------- | Henrik Nordam | | -------------------------------------------------------------------------------- | Chief Executive | | --------------------------------------------------------------------------------