On 11 March 2008, Fionia Bank A/S held an ordinary General Meeting with the agenda stated below. The result of the business transacted at the General Meeting is described below under the individual items on the agenda. The agenda 1. The Directors' Report on the company's activities in the past year. The Directors' Report was presented by Bo Stærmose, Chairman of the Board of Directors. The Directors' Report was adopted. 2. Presentation of the audited Annual Report for approval. Finn B. Sørensen, Managing Director, presented and commented on the Annual Report. The Board of Directors recommends the distribution of a dividend of DKK 35 per share for the 2007 accounting year. The accounts were approved unanimously, including the distribution of a dividend of DKK 35 per share for the 2007 accounting year. 3. Resolution on the allocation of profit in accordance with the approved Annual Report. Approved without comments. 4. Authorisation for the Board of Directors to let the company acquire its own shares in the period until the next ordinary General Meeting. Approved without comments. 5. Election of 15 members of the Committee of Shareholders and fixing of the fee payable to the members of the Committee of Shareholders. The following candidates, who had been nominated by the Board of Directors in pursuance of Sub-article 9.3 of the Articles of Association, were elected to the Committee of Shareholders: Tom Foged-Pedersen Knud Gether Carl Chr. Graversen Preben Greibe Uffe Harrebek Bjarne Chr. Jensen Hans Kristoffersen Ole Madsen Børge Obel Karsten Ohrt Hanne Sehested Kirsten Hjorth Simonsen Merete Vangsøe Simonsen Bo Stærmose Torben Werenberg The Board of Directors had recommended that the fee payable to the members of the Committee of Shareholders is to remain unchanged. This was approved unanimously. 6. Election of accountants. KPMG Statsautoriseret Revisionspartnerselskab and Deloitte were elected unanimously. 7. Motions from the Board of Directors and shareholders. a) Motion from the Board of Directors. Amendment to the Articles of Association. The Board of Directors' motion on a reduction of the share denomination from DKK 100 to DKK 10 was approved unanimously. 8. Any other business. No one wished to be given the floor for this item on the agenda. The Chairman closed the General Meeting. Yours sincerely, Jan Staal Andersen Chief Legal Officer