Grant of Warrants to the Executive Board and Managers


Today to Board of Directors decided to establish a warrant agreement for the
Executive Board and 20 managers in the Group. The agreement is based on
Warrants issued pursuant to the Articles of Association, item 5, subsection 3,
that empowers the Board of Directors to use this authority. The warrant plan
was adopted by the Board of Directors at the latest General Meeting on the 27
April 2007. 80,000 Warrants will be issued, of which 20,000 are granted the
Executive Board and the remaining 60,000 Warrants are granted the Managers.

Attachments

meddelelse12-070703 - grant of warrants.pdf