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| OMX The Nordic Exchange Copenhagen | Group Executive Management |
| London Stock Exchange | Peberlyk 4 |
| Bourse de Luxembourg | PO Box 1038 |
| Other stakeholders | DK-6200 Aabenraa |
| Stock Exchange Announcement No 15/07 | Tel +45 74 36 36 36 |
| | Fax +45 74 36 35 36 |
| | www.sydbank.com |
| | SWIFT SYBKDK22 |
| | Sydbank A/S |
| | CVR No DK 12626509, |
| | Aabenraa |
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| Date | Direct tel +45 74 36 20 50 |
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| 22 August 2007 | mogens.asmund@sydbank.dk |
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Dear Sirs
Notice convening the Extraordinary General Meeting of Sydbank A/S
Sydbank's Extraordinary General Meeting is scheduled for Wednesday, 12 September
2007 at 3:00pm at: Sydbank, Peberlyk 4, Aabenraa - entrance from Skelbækvej.
The notice convening and the agenda for the Extraordinary General Meeting are
listed on page 2.
Yours faithfully
Mogens Asmund
Group Executive Vice President
Notice convening the Extraordinary General Meeting of Sydbank A/S
Sydbank's Extraordinary General Meeting is scheduled for Wednesday, 12 September
2007 at 3:00pm at Sydbank, Peberlyk 4, Aabenraa - entrance from Skelbækvej.
Agenda:
The following proposals are submitted by the Board of Directors:
1. Capital reduction
A share capital reduction of DKK 25,000,000 nominal (equal to 2,500,000 shares)
from DKK 700,000,000 nominal to DKK 675,000,000 nominal.
In compliance with Article 44 a (1) of the Danish Companies Act the reduction
will be effected by redemption of part of the Bank's portfolio of own shares
(distribution to a shareholder).
Consequently a proposal is submitted for the amendment of Article 2 (1) to the
extent that in future the Bank's share capital will total DKK 675,000,000
nominal denominated in shares of DKK 10.
2. Amendments to the Articles of Association
a. Amendment of Article 1 to the effect that Sydleasing Bank A/S is included as
a new secondary name.
b. Cancellation of Article 5 in its entirety following amended legislation.
Consequently the numbering of the subsequent articles and references to
articles in
the Articles of Association will be changed.
c. Insertion of “AGM elected” before “auditors” in the current Article 8 of the
Articles of Association.
d. Amendment of the current Article 13 of the Articles of Association to the
effect that in future the election to the Shareholders' Committee will be held
by region and that the age limit for eligibility will depend on whether a
shareholder has attained the age of 65 on the date of the general meeting.
The agenda, the complete proposals to amend the Articles of Association, the
most recent annual report including auditors' report as well as the Directors'
report including auditors' opinion are available at Sydbank's Group Executive
Management Secretariat & Investor Relations, Peberlyk 4, DK-6200 Aabenraa, tel
+45 74362001 from Tuesday 4 September 2007.
Admission cards for the Extraordinary General Meeting can be obtained at any
Sydbank branch no later than Friday 7 September 2007.
Aabenraa, 14 August 2007
The Board of Directors of
Sydbank A/S
Kresten Philipsen, Chairman
