Alm. Brand Bank A/S - results of the annual general meeting held on 22 April 2009

The annual general meeting of Alm. Brand Bank A/S held today was conducted in
accordance with the agenda and the complete proposals. 

The Annual Report for 2008 was approved, and discharge was granted to the Board
of Directors and the Management Board. 

The resolution proposed by the Board of Directors to transfer the loss for the
year of DKK 427,931 thousand after tax to shareholders' equity was adopted. 

The resolution proposed by the Board of Directors to increase the company's
share capital by DKK 300 million nominal value by conversion of subordinated
loan capital of DKK 300 million granted by Alm. Brand A/S was adopted. 

The resolution proposed by the Board of Directors that it be authorised to
raise a loan in the form of hybrid Tier 1 capital through insertion of a new
Article 7 in the company's Articles of Association, whereby Articles 7-16 are
renumbered to Articles 8-17, was adopted. 

At the general meeting, Christian N.B. Ulrich and Christian Hjorth-Andersen
resigned from the Board of Directors. In accordance with the resolution
proposed by the Board of Directors, Jørgen Hesselbjerg Mikkelsen and Søren Boe
Mortensen were re-elected to the Board of Directors and Boris Nørgaard Kjeldsen
and Arne Nielsen were elected as new members of the Board of Directors. 

Deloitte Statsautoriseret Revisionsaktieselskab was re-appointed as the
company's auditors. 

At a meeting held after the general meeting, the Board of Directors elected
Jørgen Hesselbjerg Mikkelsen as its chairman and Boris Nørgaard Kjeldsen as its
deputy chairman. 

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