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Agat Ejendomme

Director's Dealing Jun 6, 2012

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Aalborg, Denmark, 2012-06-06 09:26 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: CER Holding Sweden AB

Cause: Closely related to Ernst Michaelsen, member of the
Supervisory Board

Issuer: TK Development A/S

ISIN code: DK0010258995

Description: Shares

Transaction: Sale

Trading date: 4 June 2012

Market: NASDAQ OMX Copenhagen

Number: 1,100,000 shares

Share price: DKK 14,850,000

     Contact details:
     TK Development A/S
     Frede Clausen, President & CEO
     Tel. +45 8896 1010

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