The European Commission has approved Fionia Bank's framework agreement with Financial Stability

| Source: Fionia Holding A/S Fionia Holding A/S 

Stock Exchange Announcement no. 13/2009

The European Commission has approved Fionia Bank's
framework agreement with Financial Stability 

The European Commission has today announced that it could approve the rescue
aid, the Danish authorities have provided Fionia Bank under the framework
agreement between Fionia Bank and Financial Stability, dated 22 February 2009. 

According to the agreement all assets and liabilities - except equity and
subordinated capital - is transferred to a new company. This transformation
will be executed on 27 May 2009 so that the last business day of the present
legal entity will be the 27 May 2009, while the new Fionia Bank (CVR 31 93 47
45) will be operating as from 28 May 2009. 


Best regards 

Executive Secretariat