Q3 2007

Translation
This text has been prepared in Danish and in English. In case of discrepancies,
the Danish text will prevail. 

Summary
References to ‘the Company' are references to Capinordic A/S. References to
‘the Group' are references to the Capinordic Group. The Interim Financial
Report has not been audited. 

For Q3 2007, Capinordic A/S reports:
- that the Group has realised its expectations for the period under review;
- that the Group maintains its expectation of achieving a profit before
amortisation, depreciation, impairment and tax at a level of DKK 150m; 
- that the Group profit before amortisation, depreciation, impairment and tax
for Q1-Q3 2007 amounts to DKK 101m and the profit after tax amounts to DKK 59m; 
- that the Group profit before amortisation, depreciation, impairment and tax
for Q3 2007 amounts to DKK 45m and the profit after tax amounts to DKK 23m; 

- that the acquisition of Nordisk Fondservice AB became final on 7 August 2007.
Nordisk Fondservice AB has been included in the consolidated financial
statements as from that date. The purchase price was DKK 276m; 
- that the merger between Capinordic Bank A/S and Proviso Fondsmæglerselskab
A/S became final on 28 August 2007. The merger strengthens the Private Banking
business area; 
- that Keops A/S has reduced its ownership interest in Capinordic A/S as an
element of a structured sale. At 20 November 2007, Keops A/S holds a total of
12.44% of the share capital; 

- that the acquisition of Steffen Rønn Fondsmæglerselskab A/S became final on
11 October 2007, and that the company will be included in the consolidated
financial statements as from that date. The purchase price was DKK 138m; 
- that the acquisition of Dansk O.T.C. Fondsmæglerselskab A/S became final on
12 October 2007, and that the company will be included in the consolidated
financial statements as from that date. The purchase price was DKK 95m; 
- that on 25 October 2007 Capinordic A/S sold its shareholding in ITH Industri
Invest A/S as part of the Group's corporate finance activities; 
- that a conditional agreement was concluded on 12 November 2007 on the
acquisition of BioFund Management OY. The purchase price has been fixed at DKK
67m. The acquisition is expected to become final before 21 December 2007; 
- that the Supervisory Board decided on 20 November 2007 to implement a share
option programme.

Comment by Lasse Lindblad, CEO:
“The Capinordic Group focuses on high-margin business areas and profitable
customer segments. Over the past two years we have made a number of strategic
acquisitions. We now focus on strengthening the basis which is to generate our
organic growth. At the same time, we concluded various extensive corporate
finance assignments in Q3. 

In Q3 2007 alone, we have earned DKK 45m, and we have a strong pipeline for Q4
2007. Historically, Capinordic has also had good earnings in the fourth quarter
of the year.” 

Additional information:
Lasse Lindblad
CEO
Mobile: +45 4094 0708
Telephone: +45 8816 3000
Fax: +45 8816 3003
E-mail: info@capinordic.com