Insiders' dealing


2007-03-19.                                                                     
					Stock Exchange Information                                                 
					Page 1/2                                                                   
To: The Copenhagen Stock Exchange                                               





Report of transactions with shares and related securities in                    
Aktieselskabet Schouw & Co. by persons discharging managerial                   
responsabilities and persons/companies closely associated with these.           

According to section 28a of the Danisch Securities Act Aktieselskabet           
Schouw & Co. must report transactions with Aktieselskabet Schouw & Co's.        
shares and related securities by managerial staff and their related parties.    



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| Name                    | Peter Kjær                                         |
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| Reason                  | Member of the management board                     |
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| Issuer                  | A/S Schouw & Co.                                   |
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| Securities Code         | DK0010253921                                       |
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| Description             | Shares                                             |
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| Transaction             | Exercise of options                                |
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| Trading Date            | 2007-03-15                                         |
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| Market                  | Copenhagen Stock Exchange                          |
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| Number                  | 6,000                                              |
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| Market value (DKK)      | 2,508,000.00 (Closing price 2007-03-15)            |
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2007-03-19.                                                                     
					Stock Exchange Information                                                 
					Page 2/2                                                                   





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| Name                      | Peter Kjær                                       |
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| Reason                    | Member of the management board                   |
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| Issuer                    | A/S Schouw & Co.                                 |
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| Securities Code           | DK0010253921                                     |
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| Description               | Shares                                           |
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| Transaction               | Sale                                             |
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| Trading Date              | 2007-03-16                                       |
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| Market                    | Copenhagen Stock Exchange                        |
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| Number                    | 6,100                                            |
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| Market value (DKK)        | 2,558,950.00                                     |
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--------------------------------------------------------------------------------
| Name                      | Peter Kjær ApS                                   |
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| Reason                    | Jur. pers. §28a,4,4,a                            |
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| Issuer                    | A/S Schouw & Co.                                 |
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| Securities Code           | DK0010253921                                     |
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| Description               | Shares                                           |
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| Transaction               | Purchase                                         |
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| Trading Date              | 2007-03-15                                       |
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| Market                    | Copenhagen Stock Exchange                        |
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| Number                    | 203                                              |
--------------------------------------------------------------------------------
| Market value (DKK)        | 84,092.75                                        |
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Best regards                                                                    

A/S Schouw & Co.                                                                


Jens Bjerg Sørensen                                                             
President

Attachments

indberetning 19032007 udl.pdf