FIH’s annual general meeting was held on 10 March 2009, the agenda containing the items previously announced. In his oral report the Chairman presented the main events and circumstances, which were accounted for in the bank’s annual report for 2008, reflecting on the past year as well as the outlook for 2009. Moreover, the Chairman outlined the remuneration of the Executive Board.

The general meeting adopted the report and the annual accounts, and the Executive Board and the Board of Directors were granted discharge from liabilities. Moreover, the proposal to transfer profit to reserves was also adopted.

Furthermore, The Board of Directors was authorised to give permission to the bank to acquire up to 10 percent of its own shares at the market price prevailing at the time of the acquisition, subject to a deviation of up to 10 percent in the period until 31 May 2010. The suggested authorisation shall only be used for acquisition of shares to meet the obligations of FIH Erhvervsbank in connection with the employee share scheme established in 2005. The scheme comprises 25,883 shares held in trust up to and including May 2010.

At the meeting it was proposed to remove section 4 and 12(2) of the Articles of Association, related to interest-free loan provided by the Minister for Trade and Industry under Consolidation Act no. 103 of 28 February 1986 on government funds provided to Finance for Danish Industry A/S. The subordinated loan was fully repaid in 2007.

The proposal was unanimously adopted.The following members of FIH’s Board of Directors were re-elected:

Hans Skov Christensen, Managing Director, DI
Gudni Niels Adalsteinsson, Member of the Kaupthing Resolution Committee,
RagnarArnasson, Professor, University of Iceland,
Hans Ejvind Hansen, Director
Svend-Aage Nielsen, Chairman of the Board of Directors of Nielsen & Nielsen Holding A/S
Jørgen Vorsholt, Chairman of the Danish Employers’ Confederation

In addition, the Board of Directors consists of 3 employee-elected representatives. Deloitte Revisionsaktieselskab and Grant Thornton Revisionsaktieselskab were re-elected as auditors.

Copenhagen, Tuesday 10 March 2009 at 16:00
Hans Skov Christensen
Chairman

For additional information please contact Chairman of the Board of Directors Hans Skov Christensen at telephone +45 3377 3600.