Schouw & Co. — Director's Dealing 2008

Nov 14, 2008

2008-11-14. Stock Exchange Information Page 1/1

To: The Danish Financial Supervisory Authority

Report of transactions with shares and related securities in Aktieselskabet Schouw & Co. by persons discharging managerial responsabilities and persons/companies closely associated with these.

According to section 28a of the Danisch Securities Act Aktieselskabet Schouw & Co. must report transactions with Aktieselskabet Schouw & Co's. shares and related securities by managerial staff and their related parties.

Name	Perlusus ApS
Reason	Legal entity §28a,4,4,a
Issuer	A/S Schouw & Co.
Securities Code	DK0010253921
Description	Shares
Transaction	Sale
Trading Date	2008-11-13
Market	OMX The Nordic Exchange
Number	200,000
Market value (DKK)	19,200,000.00

Best regards

Aktieselskabet Schouw & Co.

Jens Bjerg Sørensen President

Aktieselskabet Schouw & Co. Chr. Filtenborgs Plads 1 DK-8000 Aarhus C Tel. +45 86 11 22 22 Fax +45 86 11 33 22 schouw@schouw.dk www.schouw.dk