Fionia Bank's Board of Directors has decided to strenghten the management by appointing Master of Laws Jørgen Bast as CEO, chairman of the Executive Board. Mr Jørgen Bast begins on 1 February 2009. Jørgen Bast is 59 years old and was chief credit officer in Sparbank A/S. From 2001-2006 Jørgen Bast was chairman of the Executive Board in F. Uhrenholt Holding A/S. From 1992-2001 Jørgen Bast was employed in Danske Bank, the last 6 years as chief regional manager. Henrik Borup Jeppesen has terminated his job as member of the Executive Board in Fionia Bank. The management of the bank now exists of CEO, chairman of the Executive Board Jørgen Bast and member of the Executive Board Kaj Østergaard Mortensen, Capital increase The Board of Directors has decided to recommend to the annual General Meeting that the Board of Directors receives the authority to execute one or more capital increases. It is the bank's intention until the General Meeting to look for possibilities to sell the new shares to shareholders as well as to potential investors in the bank's market area and amongst close cooperative partners. The size of the capital increase and the share issue will be determined soon, after the above mentioned examination. Yours sincerely Bo Stærmose Chairman of the Board of Directors