H. Lundbeck A — Director's Dealing 2009

Nov 4, 2009

Announcement of transactions with shares and linked securities in H. Lundbeck A/S made by executives and their closely associated persons and legal entities

Announcement of transactions with shares and linked securities in H. Lundbeck A/S made by executives and their closely associated persons and legal entities

H. Lundbeck A/S hereby reports transactions made by executives and persons and legal entities closely associated to them with shares in H. Lundbeck A/S and linked securities, cf. section 28a of the Danish Securities Trading Act.

The list is based on reports received by H. Lundbeck A/S from the company's executives today or yesterday.

Name:	Stig Løkke Pedersen
Job position of the executive:	Executive Vice President
Relation to executive (associated person or legal entity):
ID code (ISIN code):	DK 0010287234
Description of the security:	Share
Nature of the transaction:	Purchase of shares
Date of trading:	4. November 2009
Market on which the trading was effected:	Nasdaq OMX Copenhagen
Number of traded securities:	12,472	Shares
Market price of securities traded:	1,197,312	DKK

Persons/entities under an obligation to report

Persons or entities under an obligation to report are defined as members of the Executive Management and the Supervisory Board of H. Lundbeck A/S and persons/entities closely associated to them.

Closely associated persons/entities means inter alia:

• spouse or cohabitant

• children below the age of 18

• legal entities in which the insider has a controlling influence

The content of this release will have no influence on the Lundbeck Group's financial result for 2009.

Lundbeck contacts

Investors:	Media:
Jacob Tolstrup	Mads Kronborg
Director, IR & Communication	Media Relations
+45 36 43 30 79	+45 36 43 28 51
Palle Holm Olesen	Kasper Riis
Head of Investor Relations	Media Relations
+45 36 43 24 26	+45 36 43 28 33
Magnus Thorstholm Jensen
Investor Relations Officer
+45 36 43 38 16

About Lundbeck

H. Lundbeck A/S (LUN.CO, LUN DC, HLUKY) is an international pharmaceutical company highly committed to improve the quality of life for people suffering from central nervous system (CNS) disorders. For this purpose Lundbeck is engaged in the research and development, production, marketing and sale of pharmaceuticals across the world, targeted at disorders like depression and anxiety, schizophrenia, insomnia, Huntington's, Alzheimer's and Parkinson's diseases.

Lundbeck was founded in 1915 by Hans Lundbeck in Copenhagen, Denmark, and employs today over 5,500 people worldwide. Lundbeck is one of the world's leading pharmaceutical companies working with CNS disorders. In 2008, the company's revenue was DKK 11.3 billion (approximately EUR 1.5 billion or USD 2.2 billion). For more information, please visit www.lundbeck.com.

Attachments:

• Release no 388

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