Ringkjøbing Bank A/S
A/S Ringkjøbing Bank enters new government guarantee scheme
Ringkjøbing Bank A/S / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- The Danish government has provided a two-year guarantee for all deposits with and unsecured claims against Danish financial institutions. The guarantee is managed and financed by the Det Private Beredskab (the Sector Fund). A/S Ringkjøbing Bank has today decided to confirm its membership of the Sector Fund. This implies the bank will be covered by the guarantee which runs from October 6, 2008 until September 30, 2010. The bank's share of the sector's total annual guarantee on DKK 7.5 billion is estimated to DKK 30 million and hereto comes any further payment in case the guarantee is demanded to be increased. In 2008 the payment to the guarantee is hereby expected to effect the bank's accounts negatively by DKK 8 million. For further information, please contact: Preben Knudsgaard, Managing director, phone: +45 9975 3200 Kaj Damgaard, Director, IR responsible, phone: + 45 9975 3231 Yours faithfully A/S Ringkjøbing Bank Preben Knudsgaard Kaj Damgaard News Source: NASDAQ OMX 06.10.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Ringkjøbing Bank A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010300193 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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