With reference to the Security Trading Act (Værdipapirhandelsloven) paragraph
29 we announce that the board of the bank has received powers of attorney in
blank representing a nominal value amounting to DKK 109,337,040 equalling to
9,6% of the company's share capital. 



Sincerely yours,

Spar Nord Bank A/S



Ole Madsen

Senior Vice President, Corporate Communication