RECORD-HIGH NET PROFIT OF DKK 897 MILLION AND ROE OF 12,2 %


  -- Core income up 4 % driven by net fee income and market value adjustments
  -- NII down 4 % due to margin pressure, declining volume and lower income from
     bond portfolio
  -- Fee income at all-time high following strong activity in
     mortgage-distribution and asset management
  -- Market-value adjustments at extraordinary level following sale of shares in
     Nørresundby Bank
  -- Costs rose 2% when adjusted for one-offs related to change of IT-platform
  -- Core earnings before impairment of DKK 1,488 m - much higher than expected
     at beginning of year
  -- Loan losses came down to DKK 316 m corresponding to an impairment
     percentage of 0.64
  -- Solid capital position makes way for distribution of 87 % profits as
     dividend and buy-back