Annual General Meeting of Spar Nord Bank

At the Annual General Meeting held today, April 29, 2009, the reports submitted
were adopted. Furthermore, the shareholders at the AGM took note that as a
consequence of the guarantee scheme pursuant to the Danish Act on Financial
Stability, and during the term of the guarantee scheme the Bank may not
distribute dividend. 

The shareholders renewed the authorisation of Spar Nord Bank to acquire its own
shares. 

The request for authorization for the Supervisory Board to let the Bank float
hybrid core capital (subordinated debt) pursuant to the Danish Act on State -
Funded Capital Injection into Credit Institutions was granted. As described in
the resolution, the Bank's total hybrid core capital may not exceed 35 % of the
Bank's core capital. 

Finally, the shareholders approved the Supervisory Board's proposal to amend
the following Articles of Association: Article 3 (concerning authorization for
the Supervisory Board to increase the Company's share capital), Article 7
(concerning nomination to the local Bank Committees), Article 8 (concerning
voting at Annual Shareholders' Meetings) and Article 15 regarding the time when
the representation of capital at the Annual General 
Meeting is calculated). 

Supervisory Board
The following members were re-elected: Per Søndergaard Pedersen, General
Manager, Aalborg, Per Nikolaj Bukh, Professor, Risskov. 

As new member of the Supervisory Board, Hans Østergaard, Chartered Accountant,
Aalborg, was elected. 

The Supervisory Board also consists of: Torben Fristrup, CEO, Vestbjerg,
Carsten Normann, CEO, Vejle, and Niels Kristian Kirketerp, Farmer, Hobro, and
the members elected by the employees: Jan Høholt Jensen, Principal, Ole Skov,
Vice President, and Jannie Skovsen, Adviser. 

At the following Board Meeting for the purpose of electing officers, the
Supervisory Board appointed Torben Fristrup Chairman and Per Nikolaj Bukh
Deputy Chairman. 

Spar Nord Foundation
After the Annual General Meeting of Spar Nord Bank, an election was held to the
Executive Committee of the Spar Nord Foundation. The following were elected:
Bjarne Dam Johansen, Attorney (Chair.), Torben Fristrup, CEO (Deputy Chair.),
Otto Skak, General Manager, Kaj Christiansen, General Manager, Ivan Østergaard,
Paint Dealer, Niels Kristian Kirketerp, Farmer, Per Nikolaj Bukh, Professor,
Jan Høholt Jensen, Principal, and Ole Skov, vice president.