BankNordik P/F - Fyrirtækjafréttir

BankNordik - Stock exchange announcement

BankNordik repays DKK 200 millions with Government Guarantee - ISIN code
DK0030245121 


As stated in the Q3-2010 Interim report, BankNordik intends to lower the
liquidity buffer by the end of 2010 or early 2011. As a consequence hereof
BankNordik will on February 2 2011 prematurely redeem DKK 200 million of the
issued DKK 1.2 billion loan, ISIN Code DK0030245121, guaranteed by the Danish
State. The next option to redeem the loan is on May 2nd 2011 where the loan can
be partly or fully redeemed. 



Further information:

Janus Petersen, CEO, Tel.: (+298) 330 330