Brdr. Hartmann — Regulatory Filings 2007

Oct 23, 2007

Management The Brødrene Hartmann Foundation's application for one single class of shares – page 1 of 1

Stock Exchange Release no. 14/2007 Kgs. Lyngby, 23 October 2007

This is a translation into English of the original stock exchange release in Danish. In case of discrepancies between the two texts, the Danish text shall prevail.

The Hartmann Foundation applying for possibility to introduce one single class of shares in Brødrene Hartmann A/S

The Hartmann Foundation today sent a letter to Brødrene Hartmann A/S informing it of the following development:

The Hartmann Foundation today submitted an application to the Danish Civil Affairs Authority (Civilstyrelsen) for permission to effect an amendment to the Foundation's Charter enabling the Foundation to vote for the introduction of one single class of shares in Brødrene Hartmann A/S in connection with – and conditional upon – an increase of the capital of the company of minimum 50% of the current share capital by the issuance of new shares.

The Hartmann Foundation holds all A and AA shares in Brødrene Hartmann A/S, corresponding to a stake of 12.2% and 58.1% of the votes. If the current system of multiple share classes is abandoned, the Foundation's stake of 12.2% will entitle it to 12.2% of the votes.

If the application to Civilstyrelsen is successful, the Hartmann Foundation may subsequently vote for an abandonment of the current system of multiple share classes at a General Meeting in Brødrene Hartmann A/S. This should happen in connection with a possible increase of the capital as described above.

The company will take a positive view of an abandonment of the current system of multiple share classes, and the other shareholders have long expressed the wish to operate on the basis of the principle of 'one share – one vote' in the company. Moreover, a merger of the share classes will improve the possibilities of the company in connection with an increase of the capital if subsequently relevant.

The letter from the Hartmann Foundation to the Chairman of the company's Board of Directors is attached to this release.

Kind regards Brødrene Hartmann A/S

For further information, please contact: Erik Højsholt Chairman of the Board Brødrene Hartmann A/S Tel.: +45 45 87 50 30 Mobile: +45 20 10 65 80

Peter Arndrup Poulsen CEO Brødrene Hartmann A/S Tel.: +45 45 87 50 30 Mobile: + 45 51 51 40 69

Brødrene Hartmann A/S Klampenborgvej 203 DK-2800 Kgs. Lyngby Denmark