DPTG's Initial Estimate of the Claim in the DPTG/TPSA Case for the Period from mid-2004 to 2009 (Phase 2) is Above DKK 1 Billion

After having carefully analyzed the ruling for phase 1, DPTG will calculate and
submit a claim as quickly as possible for the remaining contract period from
mid-2004 to 2009 (phase 2) using the same rationale as for phase 1. 

Based on the methodology applied by the Arbitration Tribunal in the ruling for
phase 1, GN's initial assessment of the amount due to DPTG is above DKK 1.0
billion for phase 2. 

GN has an internal target of filing the claim around year-end. The legal
deadline for filing the claim is September 2011. 

The Arbitration Tribunal in Vienna will also handle the claim for phase 2.

In announcement number 27 dated September 3, 2010, the net amount after tax and
capitalized legal expenses to be received by GN was stated at DKK 1.9 billion.
GN would like to clarify that this only includes around DKK 0.2 billion cash
tax payable on the proceeds. As GN has certain unutilized tax assets, the cash
tax payable is lower than the accounting tax to be booked in the profit & loss
(around DKK 0.5 billion). The net amount after tax and capitalized legal
expenses to be booked in the profit & loss is around DKK 1.6 billion. 

For further information, please contact:

Mikkel Danvold
Director, IR & Communications

GN Store Nord A/S
Tel: +45 45 75 02 71