SP Group

Transaction in Own Shares • Nov 21, 2014

Announcement No. 66 / 2014 21 November, 2014 CVR No. 15701315

NASDAQ Copenhagen A/S Nikolaj Plads 6 1007 København K

Share buy-back programme at SP Group A/S

On 11 April 2014, SP Group initiated a share buy-back programme, cf. company announcement no. 15/2014 of 27 March 2014. The share buy-back programme has been increased and extended according to company announcement no. 61/2014. According to the programme, SP Group will in the period from 11 April 2014 until 10 April 2015 purchase own shares for a maximum amount of DKK 14.0 million.

The share buy-back programme was initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes).

The following transactions have been made under the programme:

	No. of shares purchased back	Average transaction price	Amount (DKK)
Accumulated latest
announcement	31,507	245.83	7,745,247.99
14 November 2014	200	235.00	47,000.00
17 November 2014	0	0	0
18 November 2014	406	238.03	96,640.18
19 November 2014	705	240.00	169,200.00
20 November 2014	0	0	0
Accumulated this week	1,311	238.63	312,840.18
Accumulated under
the programme	32,818	245.54	8.058.088.17

As of today, SP Group's total holding of own shares is 38,927 number of shares of a nominal value of DKK 10, corresponding to 1.92 % of the total number of issued shares of 2,024,000.

Further information:

CEO Frank Gad Phone: (+45) 70 23 23 79 www.sp-group.dk

In case of any discrepancies, the Danish version shall prevail.