Topdanmark — Director's Dealing 2012

Nov 26, 2012

26 November 2012
Trading report No. 05/2012

In accordance with Section 28(a) of the Danish Securities Trading Act,
Topdanmark is required to publish details of the transactions in Topdanmark's
shares and related securities effected by senior management and their connected
persons.

The following has been reported to Topdanmark:

Name: Christian Sagild

Reason: CEO

Issuer: Topdanmark A/S

ISIN code: 1025953

Designation: Shares

Transaction: Purchase of employee shares

Trade date: 23 November 2012

Market: Nasdaq OMX, Copenhagen

Number: 603

Share price in DKK: 715,013

Name: Lars Thykier

Reason: CFO

Issuer: Topdanmark A/S

ISIN code: 1025953

Designation: Shares

Transaction: Purchase of employee shares

Trade date: 23 November 2012

Market: Nasdaq OMX, Copenhagen

Number: 402

Share price in DKK: 476,676

Name: Kim Bruhn Petersen

Reason: COO

Issuer: Topdanmark A/S

ISIN code: 1025953

Designation: Shares

Transaction: Purchase of employee shares

Trade date: 23 November 2012

Market: Nasdaq OMX, Copenhagen

Number: 400

Share price in DKK: 474,304

Name: Charlotte Hougaard

Reason: Board member

Issuer: Topdanmark A/S

ISIN code: 1025953

Designation: Shares

Transaction: Purchase of employee shares

Trade date: 23 November 2011

Market: Nasdaq OMX, Copenhagen

Number: 42

Share price in DKK: 49,802

Name: Desiree Schultz

Reason: Board member

Issuer: Topdanmark A/S

ISIN code: 1025953

Designation: Shares

Transaction: Purchase of employee shares

Trade date: 23 November 2012

Market: Nasdaq OMX, Copenhagen

Number: 80

Share price in DKK: 94,861

Name: Trine Zappe

Reason: Board member

Issuer: Topdanmark A/S

ISIN code: 1025953

Designation: Shares

Transaction: Purchase of employee shares

Trade date: 23 November 2011

Market: Nasdaq OMX, Copenhagen

Number: 19

Share price in DKK: 22,529

Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup