Tivoli A/S

Board/Management Information • Dec 27, 2007

Management Vesterbrogade 3 Postboks 233 DK-1630 Copenhagen V Denmark Tel. +45 33 75 02 16 Fax +45 33 75 03 47 VAT Reg. No. 10 40 49 16

The Tivoli Gardens, December 27, 2007

Tivoli A/S - Stock Exchange Announcements no. 18 - 2007/08

CFO and member of the Board of Directors Lene Hall is resigning from her position as of January 1 2008.

The resignation is a mutual agreement between Tivoli and Lene Hall.

The Executive Board has appointed Niels Leth Espensen as interim CFO. Niels Leth Espensen was Tivoli's CFO from 1997 – 2000. Since then he has been CFO of Det Berlingske Officin and Jensens Bøfhus.

The Board of Directors will consist solely of CEO Lars Liebst from January 1 2008.

Yours sincerely T I V O L I

Lars Liebst Chief Executive Officer (CEO)

Contact: Director of HR & Communications Stine Lolk (+45 22 23 73 38)