Jyske Bank A/S
Quarterly report

Pre-tax profit: DKK 561m (first quarter of 2012: DKK 502m)

Summary

· Pre-tax profit: DKK 561m (first quarter of 2012: DKK 502m)
· The pre-tax profit corresponded to an annualised return of 14.3% on
opening equity. (2012: 6.1%)
· Loan impairment charges and provisions for guarantees: DKK 242m (first
quarter of 2012: DKK 398m)
· Bank loans: DKK 111.6bn (end-2012: DKK 105.9bn)
· Bank deposits: DKK 109.5bn (end-2012: DKK 97.4bn)
· Solvency ratio of 15.0%, of which Core Tier 1 capital ratio excluding
hybrid capital of 13.7% (end-2012: 17.3% and 14.2%).
· Individual solvency requirement: 9.7% (end-2012: 10.2%)
· Liquidity reserve: DKK 50bn (end- 2012: DKK 43bn).

Comments by Management

In connection with the publication of the interim financial report for the
first quarter of 2013, Anders Dam, CEO and Managing Director states:

"The first quarter of 2013 gave a good start to year and confirmed the strong
earnings capacity.

The...