Reporting for 29 March 2007

OMX Copenhagen Stock Exchange

Group Executive Management
Peberlyk 4
PO Box 1038
DK-6200 Aabenraa

Tel +45 74 36 36 36
Fax +45 74 36 35 36
direktionen@sydbank.dk
www.sydbank.com
SWIFT SYBKDK22

Sydbank A/S
CVR No DK 12626509, Aabenraa

Date	Direct tel +45 74 36 20 50
2 April 2007	mogens.asmund@sydbank.dk
Dear Sirs
Reporting for 29 March 2007

Under section 28a of the Danish Act on Securities Trading, Sydbank A/S is
obliged to announce that a transaction concerning Securities ID 1031147 -
Sydbank has been conducted by: 

The transactions concern distributed employee shares and have been booked
outside the open trading window. 

Name:		Preben L. Hansen
Cause:		Deputy Group Chief Executive
Securities ID:	DK001031147 - Sydbank A/S
Nature of transaction:	Purchase
Quantity:		27 shares
Market price (DKK):	7,979
Exchange:		OMX Copenhagen Stock Exchange
Trading date:	29 March 2007

Name:		Harry Max Friedrichsen
Cause:		Board Member
Securities ID:	DK001031147 - Sydbank A/S
Nature of transaction:	Purchase
Quantity:		27 shares
Market price (DKK):	7,979
Exchange:		OMX Copenhagen Stock Exchange
Trading date:	29 March 2007
Yours faithfully
 	 
Mogens Asmund
Group Executive Vice President