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Bang & Olufsen

Regulatory Filings May 11, 2012

3394_iss_2012-05-11_3d20ee79-cd32-4176-ad1a-c79d619d8bae.pdf

Regulatory Filings

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Bang & Olufsen enters new agreement with Audi

Bang & Olufsen has entered a new agreement with the German car manufacturer Audi, with whom Bang & Olufsen has been in partnership since 2003.

Under the new agreement, Bang & Olufsen will develop and supply sound systems for three future Audi models. Although no final date for the introduction of the new systems has been set, Bang & Olufsen expects to roll out the sound systems under the new agreement during 2014 and the subsequent two years.

The agreement does not affect Bang & Olufsen's expectations for the current financial year.

Tue Mantoni President & CEO

Applications to this announcement to be made to:

Consultant, Corporate Communications Morten Juhl Madsen, tel: +45 9684 5035

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