FIH Erhvervsbank closes down the equity department and dismisses employees

NASDAQ OMX copenhagen A/S
The Luxembourg Stock Exchange
SIX Swiss Exchange AG
The Press

With reference to Company release of 8 January 2009, today FIH has closed down
the equities trading and analyses as well as the wealth management departments
as part of the adjustment of the business to the current market situation. In
future, FIH will focus on the core of the business: loans to corpo-rate
customers supplemented by two advisory units: Corporate Finance (FIH Partners)
and Financial Solutions (advisory related to strategic risk man-agement and
liability management). 

Therefore, regrettably, FIH has announced to its employees that 94 positions
will be abolished. Of these, 24 positions are unfilled positions, while today
70 employees have received notice of dismissal. The employees dismissed were
employed in the closed down areas and support functions to these ar-eas.
Moreover, the employee reductions include adjustments of staff and support
functions related to the new business. Subsequently, FIH has 358 employees. 

Copenhagen, Wednesday 28 January at 15:00



Lars Johansen
Managing Director, CEO