COPENHAGEN, Denmark, June 30, 2006 (PRIMEZONE) -- The Management of Maconomy has chosen to withdraw the appeal of October 27, 2005 to the Danish Commerce and Companies Appeal Board regarding the Danish Securities Council's decision dated October 24. 2005 which concerns recognition of deferred tax assets in Maconomy's Annual Report for 2004 and Interim Reports for 2005. We refer to Maconomy's stock exchange announcements no. 24/2005 and no. 27/2005 for a more detailed description of the Danish Securities Council's decision and the Company's reasons for considering the decision wrong.
Please find below attachment for further information.
Thomas Hartwig Hugo Dorph Chairman of the Board CEO