Company Announcement no. 26/2015 | 17 December 2015

Danske Andelskassers Bank A/S contemplates to issue additional Tier-1 capital
in the form of a DKK-denominated bond. The bond will be with perpetual maturity
and with first call date 19 February 2021.

ABG Sundal Collier ASA is manager and bookrunner for the bond issuance.

Further Information
For further information, please contact Head of Communication Tine Martlev
Pallesen of Danske Andelskassers Bank at +45 87 99 30 33 or mobile + 45 23 72
55 70.


Important Information
This company announcement contains certain forward-looking statements,
including statements about the activities of Danish Andelskassers Bank. Such
forward-looking statements are based on information, assumptions and estimates
that Danish Andelskassers Bank considers reasonable. These forward-looking
statements include known and unknown risks, uncertainties and other important
factors that can affect Danish Andelskassers Bank's actual results, performance
or achievements or industry results to be materially different from any future
results, performance or achievements expressed or implied by these
forward-looking statements. If one or more of these risks or uncertainties
materialize, or should any underlying assumptions prove to be incorrect, Danish
Andelskassers Bank's actual financial condition or results of operations could
materially differ from that described herein as assumed, believed, estimated or
expected.

Danske Andelskassers Bank_Company Announcement_Danske Andelskassers Bank AS contemplates AT1 bond issuance.pdf