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Alm. Brand Bank A/S - New Member Of The FUTOP Clearing Centre

Date 21/10/2003

The FUTOP Clearing Centre has approved Alm. Brand Bank A/S as a new member, and the number of members now totals six.

Alm. Brand Bank expects to start trading in derivatives at the beginning of November.

CFO Jan Ovesen said: "We look forward to our co-operation with Alm. Brand Bank, whose membership of the FUTOP Clearing Centre stresses the growing interest in listed derivatives in Denmark."

Managing Director Brian Kudsk, Alm. Brand Bank, said: "We are pleased to be able to offer our customers a much improved service when they conclude transactions in listed derivatives, and it is attractive that we are now able to offer direct market access both as regards Danish and Swedish derivative instruments."