Announcement to major shareholders in accordance with the Danish Securities Trading Act Referring to section 29 of the Danish Securities Trading Act, we state that ID - Sparinvest A/S, on behalf of the investment fund, Sparinvest Europæiske Finansielle Aktier, has informed Max Bank that the ownership share of the Bank has been changed from 5.54% to 3.31%. Sparinvest Europæiske Finansielle Aktier still holds 114,620 shares in Max Bank, and the change is a result of Max Bank's capital increase in connection with the merger and thereby the replacement of shares with shares in Skælskør Bank. Stock Exchange Announcement No. 35/2010
Announcement to major shareholders in accordance with the Danish Securities Trading Act
| Quelle: Max Bank A/S