Quarterly Report for First Quarter of 2008 Profit of DKK 15.3 million before write downs, value adjustments and tax against DKK 14.4 million. Turbulent securities market results in capital losses and decreasing trading in-come. Declining growth, but the business volume has nevertheless increased by DKK 0.9 billion to DKK 12 billion. Good start for new branch in Hellerup. Profit before tax amounts to DKK 11 million. The projected profit for the year of DKK 80-90 million before value adjustments, write downs and tax is maintained.