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Schouw & Co. Director's Dealing 2011

Mar 14, 2011

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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 Niels Kristian Agner

Reason Member of the Board of Directors

Issuer A/S Schouw & Co.

Securities Code DK0010253921

Description Shares

Transaction Purchase

Trading Date 2011-03-11

Market NASDAQ OMX

Number 641

Market value (DKK) 81,407.00

Name Ellen Agner

Reason Spouse §28a,4,1

Issuer A/S Schouw & Co.

Securities Code DK0010253921

Description Shares

Transaction Purchase

Trading Date 2011-03-11

Market NASDAQ OMX

Number 2,800

Market value (DKK) 355,600.00