Agat Ejendomme — Director's Dealing 2016

May 4, 2016

Company announcement no. 5/2016

Aalborg, Denmark, 2016-05-04 17:31 CEST (GLOBE NEWSWIRE) --

With reference to section 29 of the Danish Securities Trading Act, TK
Development A/S hereby makes the following announcement:

TK Development A/S, ISIN DK0010258995, has received notification from Storm
Capital Management Ltd., 100 New Bond Street, London W1S 1SP, UK, to the effect
that Storm Real Estate ASA, c/o Storm Capital Management Ltd., reduced its
holding of TK Development shares on 4 May 2016 from 10,865,175 shares to 0.

Contact details:

TK Development A/S

Frede Clausen, President and CEO

Tel. +45 8896 1010