Agat Ejendomme

Board/Management Information • Oct 16, 2008

NASDAQ OMX Copenhagen A/S Nikolaj Plads 6 1067 Copenhagen K

Information about leading employees' and their closely related parties' transactions with TK Development A/S shares and related securities

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:

Issuer:	TK Development A/S
Stock Exchange Code:	DK 0010258995
Description:	Shares
Market:	NASDAQ OMX Copenhagen

Name	Cause	Trans action	Trading date	Number of Shares	Share Price (DKK)
DAVA 1 ApS	The compeny is con trolled by Member of the Supervisory Board, Kurt Daell	Purchase	15-16 Oct. 2008	110,000	2,585,046

Yours sincerely TK DEVELOPMENT A/S

Frede Clausen President & CEO