In pursuance of the Danish Securities Trading Act's section 29, please be informed that today Bavarian Nordic A/S' Board of Directors has received general proxies corresponding to 21.15% of the voting rights, for the Extraordinary General Meeting to be held on 26 May 2008. After the Extraordinary General Meeting the proxies become void. Kvistgård, 21 May 2008 Asger Aamund Chairman Contact: Anders Hedegaard, President & CEO | +45 23 20 30 64