Saxo Bank CEOs Receive Prestigious Achievement Award

GENTOFTE, Denmark, July 11 /PRNewswire/ --     Lars Seier Christensen and Kim Fournais, co-founders and co-CEOs of Saxo
Bank, the Danish investment bank, took home the coveted achievement award at
the 4th annual e-FX Awards, sponsored by FX Week Magazine in New York.

Presented with the news of the achievement award, Saxo Bank's co-CEOs
Lars Seier Christensen and Kim Fournais issued a joint statement: "Needless
to say, we are extremely honoured to receive this award given by a jury
composed by some of the most insightful people in our industry. We were proud
just to be short-listed in this category. That, in our view, was an
achievement in its own right. We want to share this award with the more than
1,000 passionate employees in Saxo Bank. All these brilliant people work hard
and invest all their intellectual strength in fulfilling our goal of being
the best in the FX and derivates market. Without them, we would not have been
standing here as winners of this award."

Saxo Bank was short-listed in three categories for the e-FX Awards 2007:
Best retail platform, Best liquidity outsourcing service and the Achievement
award. The latter is presented to an individual who has made an outstanding
contribution to the success of the e-FX industry.

Saxo Bank recently published a four year strategy plan setting ambitious
goals for the bank's further growth. The bank's founders have strong faith in
the growth in on-line trading and the bank's scalability to reach this goal.

"We founded the company back in 1992 and soon realised the potential of
the Internet which led to the launch of our first online trading platform in
1996. For better or worse, we were well ahead of our time," Lars Christensen
and Kim Fournais, said in their statement. "Despite the bursting of the
dot-com bubble, everybody in the company remained firm in their belief in
online trading. Today, our conviction has been confirmed by Saxo Bank's huge
success and with this prominent award. We are truly grateful."

For Saxo Bank, this worldwide industry recognition marks a crowning
moment of a growing number of nominations and wins since entering the awards
field in 2003.

In the past, Saxo Bank has won e-FX Awards Best Retail Platform Award in
2005 and 2006.

About Saxo Bank A/S

Saxo Bank A/S is a modern investment bank specializing in online
investments in the international Capital Markets. Saxo Bank enables clients
to trade currencies, shares, CFD contracts, futures, options and other
derivatives as well as portfolio management via our online trading platform -
SaxoTrader. SaxoTrader has been internally developed by Saxo Bank and is
available to today's investor directly through Saxo Bank or through one of
our global partnerships as an integral part of their own infrastructure. One
of Saxo Bank's significant areas of business is White Labelling, which is the
development of tailored versions of the online trading platform to other
banks and brokerage houses. Saxo Bank has more than 70 White Label Partners
and thousands of clients in 177 countries. The bank's website
www.saxobank.com has approx. 65,000 visitors every day. Saxo Bank currently
employs more than 1000 employees from 48 different countries. The bank is
headquartered in Denmark, with operating offices in London, Spain and
Singapore, and an IT development center in St. Petersburg, Russia.