Weekly report on share buy-back


On 15 May 2013, NORDEN initiated the second phase of a share buy-back programme in accordance with EU Commission Regulation no. 2273/2003 (the Safe Harbor method), which ensures that the Company is protected against violation of insider legislation during the share buyback.

Since the second phase of the share buy-back programme was initiated on 15 May 2013, the total number of repurchased shares is 105,183 at a total amount of DKK 19,636,229.

With the transactions stated above, NORDEN holds a total of 1,936,215 treasury shares, corresponding to 4.5%. The total number of shares in NORDEN is 43 million. Adjusted for treasury
shares, the number of shares is 41,063,785.


Announcement no. 19