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Bang & Olufsen

Director's Dealing Oct 13, 2011

3394_rpt_2011-10-13_5ed8221e-022d-45c0-a9f7-d0ec7379f6df.pdf

Director's Dealing

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Announcement of managerial staff's etc. trading with company shares

This is a notification of changes in the shareholdings of the company's management employees, who are obligated to give and pass on notifications, pursuant to the Danish Securities Trading Act.

Bang & Olufsen a/s has been notified of the following transaction:

Name: Mr. Alberto Torres
Reason: Vice Chairman of the Board of Directors
Issuer: Bang & Olufsen a/s
ISIN: DK0010218429
Transaction type: Acquisition
Date: 12-10-2011
Market: NASDAQ
OMX Copenhagen
A/S
Number: 3,000
Price: 183,800.31

For further information, please contact:

Director, Global Counsel, Kim Hyldahl Hansen, tel: +45 9684 5167

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