COPENHAGEN, Denmark, April 5, 2006 (PRIMEZONE) -- Legal proceedings against the Danish Commerce and Companies AgencyAt the Extraordinary General Meeting in TDC A/S on February 28, 2006, a resolution on new provisions in the Articles of Association enabling Nordic Telephone Company ApS (NTC) that hold 88.2 % of the share capital of TDC to carry out a compulsory redemption in relation to the other shareholders was adopted. The resolution was adopted by more than 90 % of the votes and the represented voting stock.
On March 6, 2006, the Danish Labour Market Supplementary Pension Scheme (ATP) issued a writ against NTC and TDC claiming a.o. that NTC and TDC be ordered to recognize that the provision in the Articles of Association on com-pulsory redemption is invalid. On March 8, 2006, the Danish Commerce and Companies Agency (DCCA) rejected the request for registration of the amend-ments to the Articles of Association on compulsory redemption.
It is in TDC's interest to obtain clarity for all shareholders. TDC has therefore today decided to bring the decision of the DCCA before the courts.
The purpose hereof is to obtain a final legal decision stating that the adoption at the Extraordinary General Meeting is valid, and that the DCCA must regis-ter the amendments to the Articles of Association on compulsory redemption.
For further information please contact TDC Investor Relations on tel. +45 33 43 76 80.