GROUP EXECUTIVE MANAGEMENT Sydbank

NASDAQ OMX Copenhagen London Stock Exchange Bourse de Luxembourg Other stakeholders

Company Announcement No 50/2016

Peberlyk 4

6200 Aabenraa Denmark

Tel+45 74 37 37 37

Fax +45 74 37 35 36

Sydbank NS

CVR No DK 12626509,Aabenraa sydbank.dk

5 December 2016

Dear Sirs

Sydbank share buyback programme: transactions i n week 48

On 24 February 2016 Sydbank announced a share buyback programme of DKK

350m. The share buyback commenced on 29 February 2016 and will be completed by 31 December 2016.

The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of the European Commission's Regulation No 2273/2003 of 22 December 2003, known as the Safe Harbour Regulation.

The foIIow1nq transactions have been made under the share bUYIback proqramme:

Number

of shares

VWAP

Gross value

(DKK)

Accumulated,

most recent announcement

1,742,725

320,344,573.25

  1. November 2016

  2. November 2016

  3. November 2016

  1. December 2016

  2. December 2016

2,000

3,000

4,000

2,500

4,000

206.82

207.60

207.08

208.76

205.60

413,640.00

622,800.00

828,320.00

521,900.00

822,400.00

Total over week 48

15,500

3,209,060.00

Total accumulated during

the share buyback programme

1,758,225

323,553,633.25

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank

N S on behalf of Sydbank N S.

Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and the Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 2,560,230 own shares, equal to 3.54% of the Bank's share capital.

Yours sincerely

Karen Fr0sig, CEO Enc

(I/)

Bjarne Larsen, Deputy Group Chief Executive

Volume

Price

Venue

Time CET

500

206

XCSE

20161128 10:11:30.780000

500

207

XCSE

20161128 13:00:21.907000

474

207,3

XCSE

20161128 14:53:14.633000

17

207,3

XCSE

20161128 14:53:14.633000

9

207,3

XCSE

20161128 14:53:14.633000

300

207,3

XCSE

20161128 15:20:22.370000

200

206,5

XCSE

20161128 16:01:43.371000

Volume

Price

Venue

Time CET

129

207,4

CHIX

20161129 12:13:16.802000

72

207,4

CHIX

20161129 12:13:16.802000

116

207,4

CHIX

20161129 12:13:16.802000

73

207,4

XCSE

20161129 12:13:16.804000

38

207,4

XCSE

20161129 12:13:16.804000

72

207,4

XCSE

20161129 12:13:16.804000

121

207,5

TRQX

20161129 12:54:36.799000

129

207,5

XCSE

20161129 12:54:36.801000

151

207,2

XCSE

20161129 14:51:23.927000

6

207,2

TRQX

20161129 14:51:23.937000

61

207,2

CHIX

20161129 14:51:23.937000

6

207,2

BATE

20161129 14:51:23.937000

20

207,2

TRQX

20161129 15:00:15.809000

18

207,2

BATE

20161129 15:00:15.809000

62

207,2

XCSE

20161129 15:01:47.798000

26

207,2

XCSE

20161129 15:03:24.798000

300

207,1

XCSE

20161129 15:19:37.361000

92

207,1

XCSE

20161129 15:19:37.361000

119

207,1

CHIX

20161129 15:19:37.363000

45

207,1

BATE

20161129 15:19:37.363000

44

207,1

TRQX

20161129 15:19:37.363000

2

206,8

CHIX

20161129 15:22:55.609000

32

206,8

TRQX

20161129 15:23:26.809000

141

207,2

XCSE

20161129 15:53:55.566000

68

208,1

BATE

20161129 16:18:45.633000

68

208,1

CHIX

20161129 16:18:45.633000

133

208,1

CHIX

20161129 16:18:45.633000

49

208,2

CHIX

20161129 16:20:10.383000

25

208,2

BATE

20161129 16:20:10.383000

16

208,2

CHIX

20161129 16:20:10.383000

24

208,2

TRQX

20161129 16:20:10.383000

217

208,2

XCSE

20161129 16:20:10.393000

342

208,2

XCSE

20161129 16:20:40.474000

183

208,2

XCSE

20161129 16:20:45.760000

Volume

Price

Venue

Time CET

29

207,3

BATE

20161130 10:16:20.279000

29

207,3

TRQX

20161130 10:16:20.280000

263

207,3

XCSE

20161130 10:16:20.290000

29

207,3

BATE

20161130 10:16:20.426000

50

207,3

CHIX

20161130 10:16:20.426000

340

206,45

CHIX

20161130 11:17:23.437000

60

206,5

XCSE

20161130 11:17:26.242000

134

206,9

XCSE

20161130 11:33:30.069000

142

206,9

XCSE

20161130 11:33:30.243000

42

206,9

CHIX

20161130 11:33:30.258000

16

206,9

TRQX

20161130 11:33:30.278000

16

206,9

BATE

20161130 11:33:30.279000

100

206,9

XCSE

20161130 11:56:34.292000

131

206,9

XCSE

20161130 11:56:34.292000

25

206,9

TRQX

20161130 11:56:34.302000

69

206,9

CHIX

20161130 11:56:34.302000

25

206,9

BATE

20161130 11:56:34.302000

90

207,7

XCSE

20161130 13:12:34.655000

70

207,7

XCSE

20161130 13:12:34.655000

68

207,7

XCSE

20161130 13:12:34.655000

100

207,7

XCSE

20161130 13:12:34.655000

172

207,7

XCSE

20161130 13:12:34.655000

37

207,1

BATE

20161130 14:22:19.895000

99

207,1

CHIX

20161130 14:22:19.895000

37

207,1

TRQX

20161130 14:22:19.895000

57

207,1

XCSE

20161130 14:22:19.905000

100

207,1

XCSE

20161130 14:22:19.905000

170

207,1

XCSE

20161130 14:22:19.905000

74

207

BATE

20161130 15:52:08.357000

198

207

CHIX

20161130 15:52:08.357000

16

207

XCSE

20161130 15:52:08.368000

150

207

XCSE

20161130 15:52:08.368000

488

207

XCSE

20161130 15:52:08.368000

74

207

TRQX

20161130 15:52:08.377000

37

207,2

TRQX

20161130 16:32:50.921000

37

207,2

BATE

20161130 16:32:50.922000

62

207,2

CHIX

20161130 16:32:51.413000

62

207,2

CHIX

20161130 16:33:20.059000

300

207,2

XCSE

20161130 16:33:20.070000

2

207,2

XCSE

20161130 16:33:20.070000

Volume

Price

Venue

Time CET

233

208,5

XCSE

20161201 10:00:18.812000

25

208,5

TRQX

20161201 10:00:18.829000

67

208,5

CHIX

20161201 10:00:18.829000

25

208,5

BATE

20161201 10:00:18.829000

25

208,3

TRQX

20161201 11:25:49.190000

67

208,3

CHIX

20161201 11:25:49.191000

25

208,3

BATE

20161201 11:25:49.191000

55

208,3

XCSE

20161201 11:25:49.202000

120

208,3

XCSE

20161201 11:25:49.227000

58

208,3

XCSE

20161201 11:26:44.128000

300

208,2

XCSE

20161201 14:23:40.689000

36

208,2

TRQX

20161201 14:23:40.698000

36

208,2

BATE

20161201 14:23:40.699000

96

208,2

CHIX

20161201 14:23:40.699000

32

208,2

XCSE

20161201 14:23:40.709000

25

208,9

BATE

20161201 15:32:51.572000

25

208,9

TRQX

20161201 15:32:51.572000

67

208,9

CHIX

20161201 15:32:51.572000

233

208,9

XCSE

20161201 15:32:51.582000

4

209

TRQX

20161201 16:14:54.387000

100

209

XCSE

20161201 16:15:40.604000

30

209

XCSE

20161201 16:17:29.851000

34

209

CHIX

20161201 16:21:39.630000

52

209

CHIX

20161201 16:21:39.630000

33

209

BATE

20161201 16:21:39.630000

29

209

TRQX

20161201 16:21:39.631000

168

209

XCSE

20161201 16:21:39.641000

137

209,5

TRQX

20161201 16:26:42.560000

37

209,5

BATE

20161201 16:26:42.560000

109

209,5

CHIX

20161201 16:26:42.561000

68

209,5

CHIX

20161201 16:26:42.561000

123

209,5

XCSE

20161201 16:26:42.562000

26

209,5

XCSE

20161201 16:26:42.562000

Volume

Price

Venue

Time CET

500

207

XCSE

20161202 12:20:42.167170

500

205,8

XOFF

20161202 14:27:31.873470

1000

205,4

XCSE

20161202 16:19:21.553488

669

205,4

XCSE

20161202 16:25:47.248000

73

205,4

TRQX

20161202 16:25:47.246000

59

205,4

BATE

20161202 16:25:47.246000

186

205,4

CHIX

20161202 16:25:47.246000

13

205,4

BATE

20161202 16:25:47.258000

1000

205,2

XCSE

20161202 16:16:01.939189

Sydbank A/S published this content on 05 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 December 2016 09:48:03 UTC.

Original documenthttp://www.sydbank.com/inc/pdf/sydbankcom/announcements/2016/announcement_50-16.pdf

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