Qúaterly report Q1 2010


29 April 2010                                                                   


vestjyskBANK's Quarterly Report Q1 2010                                         

Profit before tax amounts to DKK 32m.                                           
Core earnings before impairment amount to DKK 93m.                              
The impairment percentage equals 0.65, when converted to a yearly basis.        
Positive market value adjustments amount to DKK 18m.                            
The solvency ratio equals 14.6.                                                 
At DKK 48.2bn, the Bank's business volume is unchanged compared to the end of   
2009.                                                                           
The Bank has few large commitments.                                             
Excess coverage in compliance with statutory liquidity requirements is          
calculated at 139%.                                                             
Expectations for 2010 for core earnings before impairment and expenses for      
Banking Package I are maintained.                                               




vestjyskBANK                                                                    


Frank Kristensen                                                                
Chief Executive Officer

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