SPARBANK A/S
Q1 2008

Sparbank A/S / News

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
----------------------------------------------------------------------

SPARBANK's profit before tax was DKK 69.0m against DKK 79.0m in Q1 2007. This
result corresponds to a return on equity of 16.5%. 

Core earnings - the result of the actual banking operations - totalled DKK
47.9m against DKK 57.7m last year. 

As indicated by the bank in connection with the publication of its 2007 annual
report, the bank still expects core earnings - the result of the actual banking
operations - for 2008 as a whole to be in the region of DKK 140-160m.

25.04.2008  Financial News transmitted by DGAP
----------------------------------------------------------------------