Pursuant to section 28(a) of the Securities Trading Act Max Bank A/S is to report the transactions in Max Bank A/S shares and connected securities of managerial staff and directors and connected persons. Name: Henrik Lund Reason: Chief Executive Officer Issuer: Max Bank A/S ISIN code: DK0010305903 Type: Shares Transaction: Acquisition Trading date: 12 October 2010 Market: OMX - The Nordic Exchange Copenhagen Number: 2,199 Market price: DKK 54,975 Stock Exchange Announcement No. 39/2010
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