Company Announcement 26 - 2008 The OMX Copenhagen Stock Exchange The Executive Board of Forstædernes Bank is being expanded In connection with the Nykredit group's acquisition of Forstædernes Bank the Bank's Board of Directors has decided to increase membership of the Executive Board by including Bjørn Damgaard Mortensen, bank manager. Bjørn Damgaard Mortensen is 40 years old and a manager in Nykredit Bank. Bjørn Damgaard Mortensen will be double employed and will continue his current function at Nykredit Bank. Bjørn Damgaard Mortensen is to be responsible for the coordination of the common tasks and functions associated with credit policies and credit management in Forstædernes Bank. From now on the Executive Board consists of Kjeld Mosebo Christensen, managing director as well as bank managers Niels Fessel, Gunnar Kobberup and Bjørn Damgaard Mortensen. The Board of Directors ---------------------------------------------------------------------------- Contact person: Steffen Torvits, Investor Relations and Press 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.