Stock Exchange Announcement no. 14/2009 The conversion of Fionia Bank is now in place The last business day of Fionia Bank Holding A/S is today. Thursday, 28 May 2009 is the first business day of the new Fionia Bank A/S. The announced conversion according to the framework agreement with Financial Stability of 22 February 2009 is implemented. Fionia Bank A/S is a well consolidated bank with a solvency of 11.5 percent. Financial Stability injects Hybrid capital of totally 790 million DKK. Fionia Banks customers and other unsecured creditors are covered by the guarantee scheme as described in the attached statement from Financial Stability (www.fioniabank.dk). Best regards Jørgen Bast CEO