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 Peter Melchior Reason Member of the Supervisory Board Issuer Max Bank A/S ISIN code DK0010305903 Type Shares Transaction Acquisition Trading date 21 October 2010 Market Copenhagen Stock Exchange Number 1,578 Market price DKK 39,450 Stock Exchange Announcement No. 42/2010
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