Jyske Bank A/S
Corporate announcement
Jyske Bank A/S / Miscellaneous 13.10.2009 Dissemination of a UK Regulatory Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Jyske Bank has received a draft writ of summons from Foreningen af investorer iJyske Invest Hedge Markedsneutral - Obligationer [the association of investorsin Jyske Invest Hedge Markedsneutral - Obligationer] claiming that the bank befound liable in damages to those investors who subscribed to units in the JyskeInvest Hedge Markedsneutral - Obligation fund of Hedgeforeningen Jyske Invest. In the draft writ - which has not yet been submitted to the city court - theBank is cited as a defendant together with Hedgeforeningen Jyske Invest and theboard of directors of Hedgeforeningen Jyske Invest. The reason for the claimagainst Jyske Bank is that the Bank's advisory service in connection with thepromotion of units in the investment fund Jyske Invest Hedge Markedsneutral -Obligationer was - in the opinion of the association of investors -insufficient and misleading. The association of investors seeks to have the action brought as a classaction. In the opinion of the Bank it is uncertain whether that is possible. The draft writ does not state the amount of the plaintiffs' claim against thedefendants, among other things because the amount depends on the number ofinvestors who join the class action, if such is brought. Jyske Bank does not find that it has given insufficient let alone misleadingadvisory service as claimed in the draft writ, and in the event that - againstexpectations - an action is brought as a class action against the Bank, JyskeBank does not expect that the court will sustain the claim against the Bank ofthose investors who join such an action. Please direct queries, if any, on the background of this announcement, to PeterStig Hansen, Head of Jyske Bank's Legal Division , tel. No. +45 89 89 24 41. Yours sincerely,Peter Stig Hansen News Source: NASDAQ OMX 13.10.2009 financial News transmitted by DGAP --------------------------------------------------------------------------- Language: English Company: Jyske Bank A/S DK Phone: Fax: E-mail: Internet: ISIN: XS0129919246 Category Code: MSC LSE Ticker: 0EXT Sequence Number: 298 Time of Receipt: Oct 13, 2009 09:00:14 End of News DGAP News-Service ---------------------------------------------------------------------------
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