ALK-Abelló

Remuneration Information • Mar 12, 2013

Copenhagen, 2013-03-12 19:01 CET (GLOBE NEWSWIRE) --

Share option programme
According to the guidelines for incentive pay adopted at the Company's annual
general meeting on 27 March 2012, the Board of Directors has passed a
resolution to grant a total of 89,000 share options, comprising 35,500 options
to the members of the Board of Management and 53,500 options to a group of key
employees.

The options can be exercised during the period from 1 March 2016 to 28 February
2020 during the four-week trading windows following the release of annual and
interim reports. If the option holders have not exercised their options within
the period specified, the options will lapse without any compensation to the
holders.

The exercise price of the options has been set at DKK 420 each, corresponding
to an average of the closing prices of the Company’s shares on NASDAQ OMX
Copen­hagen during the period 5 – 11 March 2013 (both days included). To this
should be added annual interest at the rate of 2.5%, which will be added the
first time on 1 March 2014. The exercise price of the options will be adjusted
on payment of dividend, to the effect that DKK 1 of dividend per share results
in a reduction of the exercise price by DKK 1.

The market value of the adopted option plan of 89,000 options is approximately
DKK 6 million applying the Black & Scholes model for valuation of options. The
determination of the value is based on an assumed exercise price of DKK 464, an
annual dividend distribution of DKK 5 per share, a volatility rate of 24% p.a.
and a risk-free interest rate of 1.30% p.a.

Conditional share programme
The Board of Directors has passed a resolution to grant conditional shares in
accordance with the guidelines for incentive pay adopted at the Company's
annual general meeting on 27 March 2012. The scheme comprises a total of 14,600
conditional shares, including 5,825 shares to the members of the Board of
Management and 8,775 shares to a group of key employees. The market value of
the conditional shares is approximately DKK 6 million, calculated on the basis
of an average of the closing prices of the Company's shares on NASDAQ OMX
Copenhagen during the period 5 – 11 March 2013 (both days included).

Conditional shares will be available in March 2016, three years following the
date of grant, provided that ALK achieves the financial targets for vesting and
that the employment relationship with the ALK Group has not been terminated by
the Company on objective grounds or terminated during the three-year period
from the date of grant in 2013.

Under the international financial reporting standards (IFRS), the incentive
plans will be recognised in the income statement in the respective functional
areas over the vesting period.

The grant of share options and conditional shares does not change the Company’s
financial forecast.

No share options or conditional shares have been granted to members of the
Board of Directors.

                             ALK-Abelló A/S


                            Steen Riisgaard
                                Chairman

For further information please contact:
Steen Riisgaard, Chairman of the Board of Directors, tel +45 4446 0000