Announcement no. 29-2009 18 November 2009 Company Announcement Amagerbanken received the decision by the Danish Securities Council of certain supplementary and corrected information and directions of disclosures in the Annual Report 2009 The expectations for all 2009 are unchanged in relation to the previously announced Today, Amagerbanken Aktieselskab received decision of 18 November 2009 from the Danish Securities Council. Please be referred to the Bank's company announcement no. 28-2009 dated 17 November 2009. Amagerbanken published supplementary and corrected information to the Annual Report 2008 and corrected interim reports for 1st quarter 2009, 1st half of 2009 and 1st nine months of 2009 dated 17 November 2009. Amagerbanken thus complies with the items to be corrected in the historical information and which the Council pointed out as misstatements towards Amagerbanken. Concerning the future Annual Report 2009 the Bank received The Council's directions as follows: to establish a model for collective impairments in compliance with IAS 39 to inform of the primary assumptions which the Bank has utilised for the future and other primary sources of estimated insecurity and to give quantitative information of credit risk in compliance with IFRS 7 allocated in accordance with the appropriate categories of financial instruments. In this connection the Bank should disclose sufficient information of essential groups of loans and advances with particular credit risks. Yours faithfully, A M A G E R B A N K E N Jørgen Brændstrup Managing Director and Chief Executive Inquiries may be addressed to Mr. Jørgen Brændstrup, Managing Director and Chief Executive by phone +45 32 66 60 01.
Announcement no. 29-2009
| Source: Amagerbanken A/S