6 June 2007 Trading report No. 05/2007 Trading in Topdanmark shares by insiders In accordance with Section 28(a) of the Danish Securities Trading Act, Topdanmark is required to publish details of the transactions in Topdanmark's shares and related securities effected by senior management and their connected persons. The following has been reported to Topdanmark: Name: Ole Døssing Reason: Member of the Board of Directors Issuer: Topdanmark A/S ISIN code: 1025953 Designation: Shares Transaction: Exercise of share options Trade date: 6 June 2007 Market: OMX Copenhagen Stock Exchange Number: 1,479 Share price (DKK): 1,450,233 Name: Ole Døssing Reason: Member of the Board of Directors Issuer: Topdanmark A/S ISIN code: 1025953 Designation: Shares Transaction: Sale Trade date: 6 June 2007 Market: OMX Copenhagen Stock Exchange Number: 1,479 Share price (DKK): 1,450,233 Pre-tax net gain after strike (DKK): 1,149,996 Please direct any queries to: Steffen Heegaard, Communication and IR Manager Mobile: +45 4025 3524