Max Bank to issue a floating-rate bond loan

On 16 March 2010, Max Bank will issue a three-year floating-rate bond loan in
the nominal amount of SEK 500m, see enclosed information material. 

The bond loan constitutes senior capital and interest is payable twice a year
at 3 months' STIBOR + 0.35 percentage point p.a. The interest rate is fixed two
banking days prior to the beginning of each interest payment period. The rate
for the first interest payment period has been fixed at 0.84% p.a. The loan
will be repaid on 11 March 2013. 

This issue is made within Max Bank's individual limit for government-guaranteed
loan issues, see agreement with Finansiel Stabilitet A/S (the Financial
Stability Company). 

The bond loan will be quoted on Nasdaq OMX under ISIN code DK0030237292 and has
been pre-taken by institutional investors. 

Any questions should be directed at Flemming Jørgensen, Financial and
Investment Manager, or Henrik Lund, Chief Executive Officer. 
  

Yours faithfully
Max Bank A/S



Flemming Jørgensen
Financial and Investment Manager
Phone +45 55 78 01 41
Email fj@maxbank.dk




Stock Exchange Announcement No. 8/2010