Asgaard Development, change of name to Asgaard Group with effect from 1 May 2007


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|                                      |             Copenhagen, 25 April 2007 |
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Asgaard Development A/S - change of name to Asgaard Group A/S                   

The change of name below will be carried through in the official list with      
effect from 1 May 2007:                                                         

ISIN: DK0010131309 (VP: 1013130)                                                

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| Previous name in the        | Asgaard Development                            |
| official list:              |                                                |
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| Previous company name:      | Asgaard Development A/S                        |
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| Previous short name:        | ASGDEV                                         |
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| New name in the official    | Asgaard Group                                  |
| list:                       |                                                |
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| New company name:           | Asgaard Group A/S                              |
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| New short name:             | ASGGRO                                         |
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| CBR no.:                    | 44 31 84 15                                    |
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| GICS:                       | 40201030                                       |
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| Type:                       | 0                                              |
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The change of name has been registered with the Danish Commerce and Companies   
Agency.                                                                         

For further information, please contact: Simon Søberg Jørgensen, Surveillance,  
tel. +45 33 93 33 66

Attachments

asgaard - navnendr -  uk.pdf