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Zealand Pharma

Director's Dealing May 23, 2013

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Copenhagen, 2013-05-23 10:24 CEST (GLOBE NEWSWIRE) -- Pursuant to the Danish
Securities Trading Act, section 28a, Zealand Pharma A/S (“Zealand”) shall
announce transactions in the company’s shares and related securities by
executives and persons/companies closely related to them.

In this regard, Zealand announces the following transaction:

Name: Jørgen Lindegaard

Reason: Vice chairman of the Board

Issuer: Zealand Pharma A/S

Type Shares

ISIN code: DK0060257814

Transaction: Purchase

Trading date: 22 May 2013

Market: NASDAQ OMX København A/S

Amount: 3,600

Price: DKK 75.50

Market value: DKK 271,800.00

Hereafter, Jørgen Lindegaard owns 14,285 shares in Zealand.

                                  ***

For further information, please contact:

David Solomon, President and Chief Executive Officer, Tel: +45 2220 6300

Hanne Leth Hillman, Vice President, Head of Investor Relations & Corporate
Communications - Tel: +45 50 60 36 89, email: [email protected]

About Zealand

Zealand Pharma A/S (NASDAQ OMX Copenhagen: ZEAL) (“Zealand”) is a biotechnology
company based in Copenhagen, Denmark. Zealand specializes in the discovery,
optimization and development of novel peptide drugs and has a broad and mature
pipeline of drug candidates identified through its own drug discovery
activities. The company’s focus lies in the field of diabetes/metabolic
diseases, and its lead drug invention is lixisenatide, a once-daily GLP-1
agonist, which is licensed to Sanofi for the treatment of Type 2 diabetes.
Lixisenatide is approved in Europe (February 2013) under the name of Lyxumia®,
and under regulatory review in a large number of other countries globally,
including in the US (NDA filed in Dec 2012) and Japan (NDA filed in June 2012).

Zealand has a partnering strategy for the development and commercialization of
its products and in addition to the collaboration with Sanofi in Type 2
diabetes, the company has partnerships with Boehringer Ingelheim in
diabetes/obesity, Helsinn Healthcare in chemotherapy induced diarrhea and
AbbVie in acute kidney injury. For further information: www.zealandpharma.com

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