Repayment of subordinate capital, autumn 2009

25. august 2009

Early repayment of 4.89% hvb Bank 2004/12 - Isin DK0003449585 
In 2004, Max Bank issued a bullet bond loan of DKK 50m in the form of
eight-year tier 2 capital. 
Based on the bond terms and Max Bank's capital position, the Bank's Supervisory 
Board has decided to repay the loan early, thus repaying the loan at 24         
September 2009 to the investors at par. 
                                        
Please note that the Danish Financial Supervisory Authority has already approved
the repayment, see the bond terms and the Danish Financial Business Act.   
     
Please direct any relating questions to CEO Henrik Lund.                        

                             Yours sincerely
                               Max Bank A/S 

     Flemming Jørgensen                               Henrik Lund      
   Finance and Investment                     ManagerChief Executive Officer

 

Stock Exchange Announcement no 16/2009