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Newcap Holding

Legal Proceedings Report Jan 25, 2010

3448_iss_2010-01-25_d31a5d13-460b-40a0-a520-fc5c11c2b275.pdf

Legal Proceedings Report

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Capinordic A/S Strandvejen 58 Box 69 DK-2900 Hellerup

Tel. +45 8816 3000 Fax +45 8816 3003

CVR No. 13255342

[email protected] Translation www.capinordic.com This text has been prepared in Danish and in English. In case of discrepancies, the Danish text will prevail.

Company Announcement No. 4/2010

25 January 2010

Announcement from Capinordic A/S

For the information of Capinordic A/S' shareholders the new management of Capinordic A/S is currently conducting more specific investigations of the profitability of the Group's business areas and the valuation of the company's assets. It is management's intention to secure the company's values. The investigations are expected to be completed within the near future.

Meanwhile, Capinordic A/S will keep the market informed on a continuous basis as to how the investigations are developing.

Based upon the preliminary review of the Group's financial status it is currently the management's assessment that the Group is containing values in excess of the current stock market price.

Yours sincerely

Henrik Vad Group CEO

For further information please contact:

Group CEO Henrik Vad +45 8816 3000, +45 2688 8900, [email protected]

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