Small Cap Danmark, reduction in share capital by cancelling own shares with effect from 9 August 2007


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|                                      |             Copenhagen, 3 August 2007 |
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Small Cap Danmark A/S - reduction in share capital by cancelling own shares     

With effect from 9 August 2007, the share capital of the following share will be
reduced:                                                                        

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| ISIN                      | Name in Official List                            |
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| DK010305077               | Small Cap Danmark                                |
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On 23 April 2007, the ordinary general meeting in Small Cap Danmark adopted to  
reduce the share capital by cancelling own shares.                              

We refer to announcements of 23 April and 3 August 2007 published by Small Cap  
Danmark.                                                                        

For further information, please contact: Simon Søberg Jørgensen, Surveillance,  
tel. +45 33 93 33 66                                                            
ISIN: DK0010305077 (VP: 1030507)                                                

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| Name in Official List:                | Small Cap Danmark                    |
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| Volume before change:                 | 5,978,665 shares (DKK 119,573,300)   |
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| Change:                               | 400,000 shares (DKK 8,000,000)       |
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| Volume after change:                  | 5,578,665 shares (DKK 111,573,300)   |
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| Denomination:                         | DKK 20                               |
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| Short name:                           | SCD                                  |
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| Share type:                           | AKTIE                                |
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GENERAL INFORMATION                                                             

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| Name/bearer:                          | Bearer                               |
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| Voting rights on listed shares:       | Full                                 |
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| Financial year:                       | 1 January - 31 December              |
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| Unlisted share capital:               | DKK 0                                |
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| Reduction in share capital            | Yes                                  |
| registered:                           |                                      |
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| Issuing bank:                         | Amagerbanken A/S                     |
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| Trading lot:                          | 100                                  |
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| CBR no.:                              | 39 70 34 16                          |
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| GICS:                                 | 40 20 10 30                          |
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| Type:                                 | 25                                   |
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Attachments

small cap danmark - nedskrivning - uk.pdf