Alm. Brand Bank A/S - Annual Report 2007


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|                                           |           | ALM. BRAND BANK      |
|                                           |           | Direktionen          |
|                                           |           | Midtermolen 7        |
|                                           |           | 2100 København Ø     |
|                                           |           | Telefon	35 47 48 49  |
|                                           |           | www.almbrand.dk      |
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| To OMX Nordic Exchange Copenhagen A/S     |           |                      |
| Nikolaj Plads 6                           |           |                      |
| P.O. Box 1040                             |           |                      |
| DK-1007 Copenhagen K                      |           |                      |
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| Announcement No. 2/2008                   | Date      | 28 February 2008     |
|                                           | Page      | 1 of 1               |
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Alm. Brand Bank - Annual Report 2007 and revision of financial calendar 2008    
Highlights                                                                      
Satisfactory pre-tax profit of DKK 196 million                                  
28% growth in loans and advances                                                
23% growth in deposits                                                          
23% growth in the number of dobbeltKUNDER                                       
Continued increase in customer and employee satisfaction                        

Overview                                                                        
The bank posted a satisfactory profit before tax of DKK 196 million             
Loans and advances increased by 28% in 2007 and amounted to DKK 18.0 billion at 
year-end                                                                        
Losses on loans and advances recorded at DKK 19 million in 2007 were at a       
satisfactory level                                                              
Shareholders' equity stood at DKK 1,365 million at 31 December 2007             
Return on equity for 2007 was 15% before tax                                    
The Board of Directors recommends to the annual general meeting that no dividend
be paid                                                                         
A profit in the region of DKK 200 million before tax is expected for 2008       

Financial calendar for 2008:                                                    
28 February 2008	Release of Annual Report 2007                                  
15 April 2008	Annual general meeting (rescheduled from 1 April)                 
29 May 2008	Release of interim report for the first quarter of 2008             
27 August 2008	Release of interim report for the first half-year of 2008        
19 November 2008	Release of interim report for the third quarter of 2008        

Please direct any questions regarding this announcement to Henrik Nordam, Chief 
Executive, on tel. +45 35 47 48 49.                                             



Alm. Brand Bank A/S                                                             
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| Henrik Nordam                        |                                       |
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| Chief Executive                      |                                       |
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Attachments

bank02-2008-uk.pdf bank arsrapport 2007- uk.pdf

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