GROUP EXECUTIVE MANAGEMENT Sydbank

Nasdaq Copenhagen A/S London Stock Exchange Bourse de Luxembourg Other stakeholders

Company Announcement No 07/2017

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

20 March 2017

Dear Sirs

Sydbank share buyback programme: transactions i n week 1 1

On 1 March 2017 Sydbank announced a share buyback programme of DKK 664m. The share buyback commenced on 2 March 2017 and will be completed by 31 December 2017.

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 Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the share buyback programme:

Number

of shares

VWAP

Gross value

(DKK)

Accumulated,

most recent announcement

121,000

30,309,580.00

  1. March 2017

  2. March 2017

  3. March 2017

  4. March 2017

  5. March 2017

15,000

14,000

13,000

12,000

11,000

253.78

252.80

254.76

256.73

256.91

3,806,700.00

3,539,200.00

3,311,880.00

3,080,760.00

2,826,010.00

Total over week 11

65,000

16,564,550.00

Total accumulated during

the share buyback programme

186,000

46,874,130.00

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

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

Following the above transactions, Sydbank holds a total of 2,892,309 own shares, equal to 4.0% of the Bank's share capital.

Yours sincerely

Karen Fr0sig CEO

Encl

NJ

Bjarne Larsen

Deputy Group Chief Executive

Volume

Price

Venue

Time CET

50

253.4

CHIX

20170313 09:09:50.395000

73

253.4

XCSE

20170313 09:09:50.406000

100

253.4

XCSE

20170313 09:09:50.406000

15

253.4

TRQX

20170313 09:09:50.415000

12

253.4

BATE

20170313 09:09:50.416000

72

253.5

XCSE

20170313 09:13:41.528000

44

253.5

XCSE

20170313 09:13:41.683000

61

253.5

XCSE

20170313 09:13:41.838000

73

253.5

XCSE

20170313 09:13:43.062000

173

253

XCSE

20170313 09:18:08.357000

50

253

CHIX

20170313 09:18:08.373000

12

253

BATE

20170313 09:18:08.373000

15

253

TRQX

20170313 09:18:08.373000

409

252.8

XCSE

20170313 09:26:36.807000

45

252.8

XCSE

20170313 09:26:36.807000

46

252.8

XCSE

20170313 09:26:36.807000

240

253

XCSE

20170313 09:35:44.045000

110

253

XCSE

20170313 09:41:30.309000

80

253.8

CHIX

20170313 09:49:02.679000

21

253.8

CHIX

20170313 09:49:02.751000

123

253.8

CHIX

20170313 09:49:02.751000

89

253.8

CHIX

20170313 09:49:02.751000

124

253.8

XCSE

20170313 09:49:05.657000

154

254.1

XCSE

20170313 10:06:22.091000

346

254.1

XCSE

20170313 10:06:22.091000

71

253.4

CHIX

20170313 10:11:27.993000

17

253.4

BATE

20170313 10:11:27.993000

22

253.4

TRQX

20170313 10:11:27.994000

240

253.4

XCSE

20170313 10:11:28.000000

100

253.9

XCSE

20170313 10:26:04.177000

450

253.9

XCSE

20170313 10:26:04.177000

51

253.9

XCSE

20170313 10:26:04.177000

12

253.9

XCSE

20170313 10:26:04.360000

12

253.8

BATE

20170313 10:36:04.857000

15

253.8

TRQX

20170313 10:36:04.857000

50

253.8

CHIX

20170313 10:36:04.857000

173

253.8

XCSE

20170313 10:36:04.867000

200

253.9

XCSE

20170313 10:52:10.260000

300

253.9

XCSE

20170313 10:52:10.260000

240

253.7

XCSE

20170313 11:15:27.289000

22

253.7

TRQX

20170313 11:15:27.299000

17

253.7

BATE

20170313 11:15:27.299000

71

253.7

CHIX

20170313 11:15:27.299000

300

253.2

XCSE

20170313 11:38:23.465000

50

253.2

XCSE

20170313 11:38:23.620000

240

253.4

XCSE

20170313 12:03:03.081000

22

253.4

TRQX

20170313 12:03:03.097000

71

253.4

CHIX

20170313 12:03:03.097000

17

253.4

BATE

20170313 12:03:03.097000

344

253.5

XCSE

20170313 12:10:13.619000

31

253.5

TRQX

20170313 12:10:13.629000

24

253.5

BATE

20170313 12:10:13.629000

39

253.5

CHIX

20170313 12:10:13.629000

62

253.5

CHIX

20170313 12:10:13.629000

252

253.2

XCSE

20170313 12:23:20.222000

22

253.2

XCSE

20170313 12:23:39.134000

31

253.2

TRQX

20170313 12:23:39.143000

41

253.2

CHIX

20170313 12:23:39.144000

2

253.2

BATE

20170313 12:23:39.144000

70

253.2

XCSE

20170313 12:23:58.290000

31

253.2

TRQX

20170313 12:23:58.299000

51

253.2

CHIX

20170313 12:23:58.299000

31

252.7

TRQX

20170313 12:40:42.496000

24

252.7

BATE

20170313 12:40:42.496000

101

252.7

CHIX

20170313 12:40:42.496000

100

252.7

XCSE

20170313 12:40:42.506000

111

252.7

XCSE

20170313 12:40:42.507000

31

252.7

TRQX

20170313 12:40:59.718000

102

252.7

XCSE

20170313 12:40:59.728000

300

253

TRQX

20170313 13:11:40.062000

37

253

TRQX

20170313 13:11:40.062000

69

253

XCSE

20170313 13:11:40.063000

274

253

XCSE

20170313 13:11:40.063000

120

253

XCSE

20170313 13:11:40.063000

92

253.3

XCSE

20170313 13:42:53.957000

134

253.3

XCSE

20170313 13:42:53.957000

118

253.3

XCSE

20170313 13:42:53.957000

31

253.3

TRQX

20170313 13:42:53.972000

24

253.3

BATE

20170313 13:42:53.972000

77

253.3

CHIX

20170313 13:42:55.360000

24

253.3

BATE

20170313 13:42:55.360000

122

253.7

XCSE

20170313 14:14:05.309000

378

253.7

XCSE

20170313 14:14:05.309000

1000

254.1

XCSE

20170313 14:38:00.241846

48

254.1

XCSE

20170313 15:01:23.162000

4

254.1

BATE

20170313 15:01:31.424000

71

254.1

CHIX

20170313 15:01:31.424000

22

254.1

TRQX

20170313 15:01:31.425000

13

254.1

BATE

20170313 15:01:31.425000

242

254.1

XCSE

20170313 15:01:31.435000

700

253.8

XCSE

20170313 15:09:01.911730

150

254.4

XCSE

20170313 16:01:46.338000

350

254.4

XCSE

20170313 16:01:46.338000

130

254.4

XCSE

20170313 16:01:46.338000

120

254.4

XCSE

20170313 16:01:46.338000

350

254.4

XCSE

20170313 16:01:46.339000

150

254.4

XCSE

20170313 16:01:46.342000

50

254.4

XCSE

20170313 16:01:46.394000

80

254.4

CHIX

20170313 16:02:05.179000

682

254.4

CHIX

20170313 16:02:05.252000

96

254.4

CHIX

20170313 16:02:05.252000

9

254.4

TRQX

20170313 16:04:34.173000

28

254.4

CHIX

20170313 16:04:34.174000

7

254.4

BATE

20170313 16:04:34.174000

98

254.4

XCSE

20170313 16:04:34.184000

9

254.5

CHIX

20170313 16:26:39.440000

239

254.5

XCSE

20170313 16:27:00.254000

165

254.5

XCSE

20170313 16:27:02.449000

63

254.5

TRQX

20170313 16:27:02.460000

239

254.5

XCSE

20170313 16:27:02.471000

42

254.5

XCSE

20170313 16:27:02.471000

151

254.5

CHIX

20170313 16:27:02.481000

43

254.5

CHIX

20170313 16:27:02.481000

49

254.5

BATE

20170313 16:27:02.481000

7

254.3

CHIX

20170313 16:38:46.684000

626

254.3

CHIX

20170313 16:38:46.684000

53

254.3

CHIX

20170313 16:38:46.684000

Sydbank A/S published this content on 20 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 March 2017 02:19:11 UTC.

Original documenthttp://www.sydbank.com/inc/pdf/sydbankcom/announcements/2017/announcement_07-17.pdf

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