Agat Ejendomme

Director's Dealing • May 30, 2011

Aalborg, Denmark, 2011-05-30 11:00 CEST (GLOBE NEWSWIRE) -- In accordance with
The Danish Securities Trading Act, Section 28a, TK Development shall give the
following information about leading employees' and their closely related
parties' transactions with TK Development A/S shares and related securities:

Name: Niels Roth

Cause: Chairman of the Supervisory Board

Issuer: TK Development A/S

ISIN code: DK0010258995

Description: Shares

Transaction: Purchase

Trading date: 27 May 2011

Market: NASDAQ OMX Copenhagen

Number: 198,750 shares

Share price: DKK 4,312,875.

Name: Morgan Management ApS

Cause: Closely related to Torsten E. Rasmussen, Deputy Chairman
of the Supervisory Board

Issuer: TK Development A/S

ISIN code: DK0010258995

Description: Shares

Transaction: Purchase

Trading date: 27 May 2011

Market: NASDAQ OMX Copenhagen

Number: 40,000 shares

Share price: DKK 868,000.

Name: PSP Holding ApS

Cause: Closely related to Per Søndergaard Pedersen, member of the
Supervisory Board

Issuer: TK Development A/S

ISIN code: DK0010258995

Description: Shares

Transaction: Purchase

Trading date: 27 May 2011

Market: NASDAQ OMX Copenhagen

Number: 25,000 shares

Share price: DKK 542,500.

Name: Frede Clausen

Cause: President and CEO

Issuer: TK Development A/S

ISIN code: DK0010258995

Description: Shares

Transaction: Purchase

Trading date: 27 May 2011

Market: NASDAQ OMX Copenhagen

Number: 25,000 shares

Share price: DKK 542,500.

Name: Robert Andersen

Cause: Executive Vice President

Issuer: TK Development A/S

ISIN code: DK0010258995

Description: Shares

Transaction: Purchase

Trading date: 27 May 2011

Market: NASDAQ OMX Copenhagen

Number: 12,500 shares

Share price: DKK 271,250.

Contact details:

TK Development A/S

Frede Clausen, President & CEO

Tel. +45 8896 1010