Sydbank A/S : share buy-back programme: transactions in week 41

d8472eb91561a659732773.pdf Sydbank

GROUP EXECUTIVE MANAGEMENT

NASDAQ OMX Copenhagen London Stock Exchange Bourse de Luxembourg Other stakeholders

Company Announcement No 41/2015

5 October 2015

Dear Sirs

Sydbank share buy-back programme: transactions i n week 40

On 1O April 2015 Sydbank announced a share buy-back programme of DKK 500m. The share buy-back commenced on 13 April 2015 and will be completed by 31 December 2015.

The purpose of the share buy-back 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 following transactions have been made under the share buy-back programme:

Peberlyk 4 · PO Box 1038 6200 Aabenraa, Denmark

Tel +45 74 37 37 37

Fax +45 74 37 35 36

sydbank.dk

SWIFT SYBKDK22

Sydbank A/S

CVR No DK 12626509, Aabenraa

Number of shares	VWAP	Gross value (DKK)
ccumulated, most recent announcement	1,554,020	392,457 ,543.80
September 2015 September 2015 t30 September 2015 P1 October 2015 02 October 2015	6,000 9,000 7,000 16,000 12,000	260.48 254.66 255.92 252.21 252.79	1,562,880.00 2,291,940.00 1,791,440.00 4,035,360.00 3,033,480.00
rrotal over week 40	50,000	12,715,100.00
rrotal accumulated during the $hare buv-back proqramme	1,604,020	405, 172,643.80

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Following the above transactions, Sydbank holds a totalof 2,409,233

own shares, equalto 3.24% of the Bank's share capital.

Yours sincerely

Karen Frosig CEO

Bjarne Larsen

Deputy Group Chief Executive