Jyske Bank has applied for and received authorization from Finanstilsynet (the
Danish FSA) to repurchase Capital Instruments for a notional amount up to EUR
50m. 

The offer is in respect of:

  -- EUR 100m Perpetual CMS Variable Rate Capital Note, designated ISIN
     XS0212590557
  -- EUR 125m Perpetual CMS Variable Rate Capital Note, designated ISIN
     XS0194983366

Please direct any questions concerning this announcement to Steen Nygaard, Head
of Treasury on tel. +45 89 89 25 22. 



Yours faithfully,





Niels Erik Jakobsen                         Steen Nøhr Nygaard

Managing Director                           Head of Treasury









Disclaimer

This corporate announcement only has the purpose to give information and is
neither an offer to sell nor a solicitation of an offer to buy any securities
in the United States or elsewhere