Insiders' dealing


Pursuant to section 28(a) of the Securities Trading Act Max Bank
A/S is to report the transactions in Max Bank A/S shares and    
connected securities of managerial staff and directors and      
connected persons.                                              

Name         Steen Sørensen                 
Reason       Member of the Supervisory Board
Issuer       Max Bank A/S                   
ISIN code    DK0010305903                   
Type         Shares                         
Transaction  Acquisition                    
Trading date 08 oktober        2010    
Market       OMX - The Nordic Exchange      
             Copenhagen                     
Number       3,381                          
Market price DKK 84,525                     

Yours sincerely
Max Bank A/S 

Susanne Arp     
Tel.:+45 55 78 01 66

Stock Exchange Announcement No. 38/2010

Attachments

20101008sseng.pdf