ARTICLES OF ASSOCIATION OF THRANE & THRANE A/S (CVR No. 65 72 46 18)

| Source: Thrane & Thrane A/S Thrane & Thrane A/S 

Following the annual general meeting the Articles of Association of Thrane &
Thrane A/S have been amended as a consequence of the resolutions passed.

Attachments

thranethrane_vedtaegter_26062008_uk.pdf