Topdanmark — Director's Dealing 2013

Aug 27, 2013

27 August 2013
Trading report No. 04/2013

Trading in Topdanmark's shares by insiders

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: DK0060477503

Designation: Shares

Transaction: Exercise of call options

Trade date: 23 August 2013

Market: Nasdaq OMX, Copenhagen

Number: 30,000

Share price in DKK: 4,439,400

Name: Christian Sagild

Reason: CEO

Issuer: Topdanmark A/S

ISIN code: DK0060477503

Designation: Shares

Transaction: Sale

Trade date: 27 August 2013

Market: Nasdaq OMX, Copenhagen

Number: 30,000

Share price in DKK: 4,375,500

Name: Lars Thykier

Reason: CFO

Issuer: Topdanmark A/S

ISIN code: DK0060477503

Designation: Shares

Transaction: Sale

Trade date: 27 August 2013

Market: Nasdaq OMX, Copenhagen

Number: 40,000

Share price in DKK: 5,834,000

Name: Kim Bruhn-Petersen

Reason: COO

Issuer: Topdanmark A/S

ISIN code: DK0060477503

Designation: Shares

Transaction: Exercise of call options

Trade date: 23 August 2013

Market: Nasdaq OMX, Copenhagen

Number: 35,000

Share price in DKK: 5,179,300

Name: Kim Bruhn-Petersen

Reason: COO

Issuer: Topdanmark A/S

ISIN code: DK0060477503

Designation: Shares

Transaction: Sale

Trade date: 27 August 2013

Market: Nasdaq OMX, Copenhagen

Number: 35,000

Share price in DKK: 5,104,750

Please direct any queries to:
Lars Thykier, CFO
Direct tel: +45 4474 3714

Topdanmark Forsikring A/S
Reg.No. 78416114
Borupvang 4
2750 Ballerup