Company Announcement dated 29 October 2010 (No. 17/2010) Today Sparekassen Faaborg has received an announcement from the Group of Fonden for Sparekassen Faaborg that Spar Fyn Invest IV, a subsidiary of Fonden for Sparekassen Faaborg, has sold its holding of Sparekassen Faaborg shares and no longer is a major shareholder in Sparekassen Faaborg. The holding was 93,500 shares corresponding to 7.79 percent of the share capital. However, being bought by the parent the majority of the shares remain in the group holding of Sparekassen Faaborg shares now amounting to 507,354 shares corresponding to 45.30 percent of the share capital. _____________________________________________________________ ______________ For further information please contact Claus Sejling CEO Phone:+ 45 6361 1814 Sparekassen Faaborg A/S, Faaborg - CVR. nr. 13255504