Change of the composition of the board of directors of Sparekassen Faaborg

3/21/2011 1:47 PM EST

Sparekassen Faaborg A/S
Changes board/management/auditors

Change of the composition of the board of directors of Sparekassen Faaborg



Faaborg, Denmark, 2011-03-21 18:47 CET (GLOBE NEWSWIRE) -- Mr Christian Ermose
has resigned from the board of directors of Sparekassen Faaborg due to the age
limit decided by the articles of association. 

Election of a new member in replacement of Christian Ermose is not recommended
due to the merger with Svendborg Sparekasse, cf. Sparekassen Faaborg's company
announcement of 2 March 2011. 

The board of directors of Sparekassen Faaborg is now made up by 9 members
inclusive of 4 members elected by the staff. 


         Mr Claus Sejling, CEO, phone no. +45 63 61 1814