Demant — AGM Information 2011

Apr 13, 2011

Today, William Demant Holding A/S held its annual general meeting at the
Company's premises, Konge-bakken 9, 2765 Smørum, Denmark. The Board's proposals
were approved in full by the ge­neral meeting, implying among others the
following decisions:

-- The year's profits, DKK 917 million, will be transferred to the Company's
reserves.
-- Mr Lars Nørby Johansen, Mr Peter Foss, Mr Niels B. Christiansen and Mr
Thomas Hofman-Bang were
re-elected Directors of the Board.
-- The Company's auditors, Deloitte Statsautoriseret Revisionsaktieselskab,
were re-elected.
-- The Company's articles of association were revised on the basis of
Recommendations for corporate governance.
-- Until the next ordinary general meeting, the Board was authorised to let
the Company acquire treasury shares with a nominal value of up to 10% of
the share capital.

At the general meeting, the Chairman of the Board, Mr Lars Nørby Johansen, gave
an account of the development in the sale of the Company's high-end product
Oticon Agil. He said among other things:

"2010 was an exceptionally good year for the William Demant Group. The
impressive development was reflected in various ways: we managed to regain our
position as the fastest-growing player in the hearing aid industry, with growth
in revenues reaching no less than 21%. Around this time last year, we launched
our high-end product Oticon Agil, our first hearing aid based on
second-generation wireless products. A few months after its introduction, Agil
ranked as the world's best-selling Premium product. Our strong momentum
continued into 2011, where we also expect to be able to capture substantial
market shares in the global market for hearing aids."

After the general meeting, the Board of Directors elected Mr Lars Nørby
Johansen Chairman and Mr Peter Foss Deputy Chairman of the Board.

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Further information:

Niels Jacobsen, President & CEO

Phone +45-39 17 71 00

www.demant.com