Agat Ejendomme

Major Shareholding Notification • Jul 24, 2012

24 July 2012 CVR no. 24256782 Company announcement no. 14/2012 Page 1 of 1

NASDAQ OMX Copenhagen A/S Nikolaj Plads 6 Copenhagen

Major shareholder announcement

With reference to section 29 of the Danish Securities Trading Act, TK Development A/S hereby makes the following announcement:

TK Development A/S, ISIN DK0010258995, has received notifications from:

Carl Ejler Rasmussen Holding Sweden AB, c/o Carl Ejler Rasmussen & Co. A/S, Amaliegade 13 A, DK - 1256 København K, to the effect that the company today has sold its holding of 2,120,846 TK Development shares, whereafter the company has no shares in TK Development A/S.

Storm Capital Management Ltd., 100 New Bond Street, London W1S 1SP, United Kingdom, to the effect that Storm Real Estate ASA c/o Storm Capital Management Ltd. today has increased its holding of TK Development shares to a total of 3,270,400 shares, equal to 7,77% of the share capital.

Strategic Capital ApS., Islands Brygge 79 C, DK – 2300 København S, to the effect that the company today has increased its holding of TK Development shares to a total of 2,639,123 shares, equal to 6,27% of the share capital.

Contact details: TK Development A/S Robert Andersen, Exec. Vice President Tel. +45 2527 1247

Vestre Havnepromenade 7 9000 Aalborg T: (+45) 8896 1010 F: (+45) 8896 1011 www.tk-development.dk