Schouw & Co. — Director's Dealing 2011

Sep 2, 2011

2011-09-02 Stock Exchange Information Page 1/1

To: The Danish Financial Supervisory Authority and the NASDAQ OMX Copenhagen

Report of transactions with shares and related securities in Aktieselskabet Schouw & Co. by persons discharging managerial responsibilities 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	Kjeld Johannesen
Reason	Member of the Board of Directors
Issuer	A/S Schouw & Co.
Securities Code	DK0010253921
Description	Shares
Transaction	Purchase
Trading Date	2011-09-01
Market	NASDAQ OMX
Number	10,000
Market value (DKK)	1,230,000.00

Best regards

Aktieselskabet Schouw & Co.

Jens Bjerg Sørensen President