Announcement 05-2009

Announcement no. 05-2009  
                                                                   23 March 2009
Nasdaq OMX Copenhagen A/S                                                       
					                                                                           
Company Announcement                                                            

Amagerbanken's Annual General Meeting                                           
Amagerbanken held its ordinary general meeting on Monday, 23 March at 7 pm      
during which the Annual Report 2008 and the allocation of profits or cover of   
loss were adopted.                                                              

The general meeting adopted the proposal of abolition of the Bank's Advisory    
Board and establishment of direct election for the Board of Directors so that   
the part of the Board of Directors elected by the general meeting and elected   
for a term of 1 year, consists of at least 4 members and at most 8 members.     

The former Board of Directors consisting of Mr. N. E. Nielsen, attorney, Mr.    
Villy Rasmussen, Manager, Mr. Henrik Zimino, Mayor and Mr. Kent Madsen, Managing
Director was re-elected and new elected for the Board of Directors was Mr.      
Carsten Ehlers, stateauthorised accountant, Mr. Henrik Håkonsson, Managing     
Director and Mr. Jesper Reinhardt, Manager. At the subsequent board meeting the 
Board of Directors elected Mr. N. E. Nielsen, attorney as chairman and Mr. Villy
Rasmussen, Manager as vice chairman.                                            

Besides this two new local councils for Amager and Greater Copenhagen           
respectively will be established. For a number of years we have had local       
councils in Odense and Århus.                                                   

KPMG, Statsautoriseret Revisionspartnerselskab was re-elected as auditors.      

The Board of Directors and the Advisory Board's proposal of authorisation for   
the Board of Directors to acquire own shares within 10 per cent of the share    
capital to the valid quoted price with a deviation of up to 10% at the time of  
acquisition was adopted.                                                        

On the basis of the continued weak economic outlooks the Bank maintained its    
expectations for 2009 as expressed in the Annual Report 2008.                   

The chairman informed that the Bank will apply for participation in Bank Package
II and will convene an extraordinary general meeting about this when the capital
structure has been determined.                                                  

                                Yours faithfully                                

                            A M A G E R B A N K E N                             

                               Jørgen Brændstrup                                
                               Managing Director                                
                              and Chief Executive