Luxor B — Interim / Quarterly Report 2016

Sep 19, 2016

The Supervisory Board of Investeringsselskabet Luxor A/S has today adopted the
Interim Report as at 30 June 2016.

Q3 2015/16:

-- Basic earnings amount to DKK 9.8 million (DKK 6.8 million).
-- The Group’s results for the quarter before tax show a profit of DKK 23.3
million (DKK 10.4 million). After tax, the Group shows a profit of DKK 18.2
million (DKK 8.2 million).

Q1-Q3 2015/16:

-- Basic earnings for the period increased from DKK 17.5 million to DKK 24.3
million. The increase is primarily attributable to an increase in net
financial income and an improvement of net loss/gain on mortgage deeds.
-- The Group’s results before tax for the period show a profit of DKK 19.3
million (DKK 5.8 million). The results for the period are affected by net
positive fair value adjustments and realised losses on bonds including
currency hedging of DKK 3.4 million as well as negative fair value
adjustments of interest swaps and debt to mortgage credit institutes of DKK
-7.9 million.
-- The net asset value per share in circulation is DKK 349.34 (DKK 367.24).
The net asset value per share in circulation is affected by the dividend
distribution of DKK 20 million in January 2016, corresponding to DKK 20 per
share.

Expected profit for the year 2015/16:

-- At present, basic earnings of approx. DKK 28 million are expected for the
financial year 2015/16 compared to approx. DKK 24 million previously
expected.

Fair value adjustments and losses and gains realised on bonds, foreign
currencies and interest swaps, etc are not included in basic earnings and have,
as from the beginning of the financial year until 18 August 2016, affected
results for the year before tax by DKK -3 million. The amount covers DKK -5
million relating to the first three quarters of the financial year and DKK 2
million relating to the period 1 July to 18 August 2016.

For additional information concerning the Interim Report, please contact Jannik
Rolf Larsen, CEO.

     Jannik Rolf Larsen, CEO