Schouw & Co. — AGM Information 2011

Mar 17, 2011

NOTICE of the Annual General Meeting of Aktieselskabet Schouw & Co.

Notice is hereby given that the Company's Annual General Meeting will be held
on April 14, 2011 at 11.30 am at the Helnan Marselis Hotel, Strandvejen 25,
8000 Aarhus C, Denmark.

Agenda:

1. Report of the Board of Directors on the activities of the Company during
   the past financial year.
2. Presentation of the audited annual report for approval and resolution to
   discharge the Board of Directors and the Management Board from liability.
3. Adoption of resolution on the distribution of profit or covering of loss,
   as the case may be, according to the annual report as approved.
4. Proposals from the Board of Directors.

The Board of Directors proposes that the shareholders authorise the Board of
Directors to let the company acquire treasury shares for ownership or security
in the period until the next annual general meeting within a total nominal
value of 20% of the company's share capital. The consideration for such shares
may not deviate by more than 10% from the price quoted on NASDAQ OMX Copenhagen
A/S at the time of acquisition.

1. Election of members to the Board of Directors.
2. Appointment of auditors.
3. Any other business.

                                 -o0o-
   

Share capital and shareholder voting rights

The Company's share capital amounts to a nominal value of DKK 255,000,000
divided into 25,500,000 shares of a nominal value of DKK 10 each. Each share of
DKK 10 carries one vote.

The record date is April 7, 2011.

Shareholders of the company at the record date are entitled to attend and vote
at the general meeting. Shareholdings are calculated at the record date on the
basis of registration of shares in the register of shareholders and
notifications of ownership received by the company for entry into the register
of shareholders. Attendance is also subject to the shareholder having obtained
an admission card as described below.

Admission cards

Shareholders wishing to attend the Annual General Meeting must request an
admission card not later than on Monday, April 11, 2011 at 4:00 p.m. (CET).
Shareholders may order admission cards by returning the registration form to
Computershare A/S, Kongevejen 418, DK-2840 Holte or by contacting Computershare
A/S by fax on +45 45 46 09 98. Admission cards may also be obtained from the
Schouw & Co. website, at www.schouw.dk/gf, by using the internet access code
set out on the registration form.

Proxies and voting by correspondence

Shareholders may appoint a proxy and may also vote by correspondence. Proxies
or votes by correspondence can be submitted in writing by returning the
proxy/voting form duly signed by fax (to +45 45 46 09 98) or otherwise to
Computershare A/S, Kongevejen 418, DK-2840 Holte. Shareholders may also vote
electronically on Aktieselskabet Schouw & Co.'s website, at www.schouw.dk/gf,
by using the internet access code set out on the registration form received.

Proxy forms must be received by Computershare A/S not later than on Monday,
April 11, 2011 at 4:00 pm (CET).

Votes by correspondence must be received by Computershare A/S not later than on
Wednesday, April 13, 2011 at 4:00 pm (CET).

Additional information

Further information about the Annual General Meeting, the 2010 Annual Report
(including information about the directorships of the Board candidates), the
notice of the general meeting, information about the total number of shares and
voting rights as at the date of the notice, the agenda and the complete
proposals can be found on the company's website, www.schouw.dk.

Questions from shareholders

Shareholders may submit questions to the agenda or to documents, etc., to be
used at the general meeting by contacting Aktieselskabet Schouw & Co. in
writing at this address: Filtenborgs Plads 1, DK-8000 Aarhus C or by e-mail to
schouw@schouw.dk.

                         The Board of Directors