We refer to the conditional public tender offer to the shareholders of
Forstædernes Bank A/S, submitted by Nykredit Realkredit A/S on 15 September
2008, regarding the acquisition of all outstanding shares of Forstædernes Bank
A/S.
As owner of 98.1 per cent of the share capital and the voting rights of
Forstædernes Bank A/S (Forstædernes Bank A/S' stake of own shares not being
included), Nykredit Realkredit A/S has, together with the Board of Directors of
Forstædernes Bank A/S, decided to effect a compulsory acquisition of the
minority shareholders' shares. The compulsory acquisition will be effected in
accordance with Section 20b of the Danish Public Companies Act. Nykredit
Realkredit A/S expects to make the announcement required under Section 20b,
subsection 1, of the Danish Public Companies Act, containing the terms of the
compulsory acquisition, on 3 November 2008. The statutory four-week deadline
for a voluntary transfer of the remaining shares is thus expected to be 1
December 2008.
For further information, please contact Nels Petersen, communications manager,
at tel. +45 44 55 14 70 / 20 22 22 72.
