Announcement of annual accounts for the period 1 January 2007 - 31 December 2007

The board of directors of Ringkjøbing Bank has today considered and approved
the bank's annual accounts for the period 1 January 2007 - 31 December 2007. 

Summary: 

- Pre-tax profit DKK 136.3 million - highly satisfactory and somewhat above
management's original expectations of a pre-tax profit of DKK 115 million 

- Substantially unchanged core income relative to last year

- Total business in the form of loans, deposits and guaranties increased by
21.4% relative to the end of the previous year 

- Net income from interest and fees was DKK 304.4 million, an increase of 14.0%
relative to the previous year 

- Positive value adjustments of DKK 10.4 million against DKK 50.4 million in
the previous year 

- Write-downs on loans etc. show income of DKK 8.7 million against income of
DKK 20.1 million last year 

- The pre-tax return on equity was 17.4% against the previous year's 26.0%

- Ringkjøbing Bank expects to achieve core income and a pre-tax profit of DKK
125 million for the 2008 financial year. 

The printed annual accounts are expected to be available at the end of the week
beginning 11 February. 

Please address any questions on the annual accounts to: 
Preben Knudsgaard, managing director, or Kaj Damgaard, IR manager, on phone
(+45) 9975 3200