Vestjysk Bank A/S
Prepayment of subordinated loan capital

Vestjysk Bank A/S 

31.03.2011 14:00
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31 March 2011



Prepayment of subordinated loan capital



In 2008 vestjyskBANK obtained the following subordinated loan:



DKK 25 million from Spar Fyn Invest II A/S with an option of prepayment on 3
March 2011 



Given the terms and conditions of the loan agreement, vestjyskBANK's
Supervisory Board has decided to prepay the loan on 1 April 2011. The
prepayment has been authorised in advance by The Danish Financial Supervisory
Authority in accordance with the terms and conditions of the loan agreement and
the Danish Financial Business Act. 



As a consequence of the prepayment vestjyskBANK's solvency ratio will decrease
by 0.09 percentage points. It is still the Bank's intention to raise new
subordinated loan capital of DKK 300-500 million. 



Any questions regarding this announcement may be addressed to Deputy Director
Kaj Damgaard, tel. +45 96 63 21 42. 









vestjyskBANK





Frank Kristensen

Chief Executive Officer
News Source: NASDAQ OMX



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Language:     English
Company:      Vestjysk Bank A/S
              
               
              Norway
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         NO0010331499
WKN:          
 
End of Announcement                             DGAP News-Service
 
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