Zealand Pharma

Director's Dealing • Nov 26, 2010

PLESNER

Zealand Pharma A/S Attn.: CFO [Mats Blom] Email: $Fax:$

Reporting - trade in securities issued by Zealand Pharma A/S

Name of the person to make the re-
	Christian Hershind
porting 1
The reason why reporting must be
$m$ ade $^2$
	Member of the Board of
Issuer	Zealand Pharma A/S
ISIN code
	DK0060258549
Type 3
	Shares
Transaction 4
	Subscription of shares in
Trade date
	23 Wovenber 2010
Market
	Nasdag onx Coperhagen A/S
Number of traded securities
	8,663
Market value in [DKK]	$18$ $0\times$ K

^<sup>1 Natural or legal person

^<sup>2 Position or category of Related Parties, cf section 28a(4)(i) of the Danish Securities Trading etc Act (spouse or co-habitee), (ii) (underage children), (iii) (relatives) and legal persons $((iv)(a) - (d))$

^<sup>3 For example shares, share options, warrants

^<sup>4 For example purchase or sale