Bang & Olufsen

Share Issue/Capital Change • Oct 3, 2012

Struer, 2012-10-03 11:01 CEST (GLOBE NEWSWIRE) -- Company Announcement no. 12.14

Bang & Olufsen announces that today 3,026,421 new shares of DKK 10 each,
corresponding to a total nominal capital increase of DKK 30,264,210, have been
issued.

The new shares have been registered with the Danish Business Authority.

As announced in announcement no. 12.06 of 19 July 2012, all the new shares have
been subscribed for by Sparkle Roll Holdings Limited and A Capital Bravo
Holding S.à.r.l. at a market price of DKK 60.22 per share of DKK 10.

Sparkle Roll Holdings Limited has subscribed for 2,404,186 new shares and A
Capital Bravo Holding S.à.r.l. has subscribed for 622,235 new shares of DKK 10
each.

The net proceeds to Bang & Olufsen from the directed share issue amount to
approximately DKK 177 mio.

The 3,026,421 new shares have been issued without pre-emption rights for the
company's existing shareholders.

The issue has been decided by the board of directors of Bang & Olufsen on the
basis of article 4(6) of the company's articles of association, authorising the
board of directors to increase the share capital of the company. The new shares
will rank pari passu with and have the same rights as the existing shares in
the company.

Following registration of the new shares, Bang & Olufsen's nominal share
capital amounts to DKK 392,704,350, divided into 39,270,435 shares of DKK 10
each.

As of today, the new shares have been admitted to trading and official listing
on NASDAQ OMX Copenhagen A/S under the ISIN code of Bang & Olufsen's existing
shares (ISIN code DK0010218429).

Ole Andersen Tue Mantoni

Chairman President & CEO

Contact: Investor Relations Manager, Claus Højmark Jensen +45 96 84 12 51