Jyske Bank approved as advanced IRB bank according to the new Capital requirements directive (CRD)

Jyske Bank approved as advanced IRB bank according to the new Capital
requirements directive (CRD) 

Today, the Danish Financial Supervisory Authority announced that, according to
the new Capital requirements directive (CRD), Jyske Bank has been approved as
an advanced IRB bank (Advanced Internal Rating Based). 

In 2000, Jyske Bank made a strategic decision to take the Bank's internal risk
management to an advanced level by integrating advanced solutions for the
identification and management of the Group's risks and for the assessment of
the internal capital requirement to cover risks. 

Since 2003, the Bank's financial management has been based on RAROC (Risk
Adjusted Return on Capital) principles. This type of management is integrated
at all levels and in the handling of individual customers as well as customer
portfolios at Jyske Bank. 

As a result of this approval, Jyske Bank will, as from 1 January 2008,
determine the external capital requirement (solvency) of the Group in
accordance with the new Capital requirements directive (CRD) for advanced IRB
banks. 

Yours faithfully,



Anders Dam
Managing Director and CEO
		
Niels Erik Jakobsen
Director, Treasury, Finance and Risk Management