--------------------------------------------------------------------------------
| | Copenhagen, 7 August 2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Thrane & Thrane A/S - issue as a consequence of utilization of warrants
With effect from 10 August, 46,486 new shares of a nominal DKK 20 will be
admitted to listing in the ISIN code below.
--------------------------------------------------------------------------------
| ISIN | Name in Official List |
--------------------------------------------------------------------------------
| DK0010279215 | Thrane & Thrane |
--------------------------------------------------------------------------------
The increase has been registered with the Danish Commerce and Companies Agency.
We refer to announcement of 6 August 2007 from Thrane & Thrane.
For further information, please contact: Simon Søberg Jørgensen, Surveillance,
tel. +45 33 93 33 66
ISIN: DK0010279215 (VP: 1027921)
--------------------------------------------------------------------------------
| Name in Official List: | Thrane & Thrane |
--------------------------------------------------------------------------------
| Volume before change: | 5,506,526 shares (DKK 110,130,520) |
--------------------------------------------------------------------------------
| Change: | 46,486 shares (DKK 929,720) |
--------------------------------------------------------------------------------
| Volume after change: | 5,553,012 shares (DKK 111,060,240) |
--------------------------------------------------------------------------------
| Denomination: | DKK 20 |
--------------------------------------------------------------------------------
| Exercise price: | 3,750 shares at DKK 132.00 |
| | 1,000 shares at DKK 219.50 |
| | 41,736 shares at DKK 179.38 |
--------------------------------------------------------------------------------
| Short name: | THRAN |
--------------------------------------------------------------------------------
| Share type: | AKTIE |
--------------------------------------------------------------------------------
GENERAL INFORMATION
--------------------------------------------------------------------------------
| Name/bearer: | Bearer |
--------------------------------------------------------------------------------
| Voting rights on listed shares: | Full |
--------------------------------------------------------------------------------
| Financial year: | 1 May - 30 April |
--------------------------------------------------------------------------------
| Unlisted capital: | DKK 0 |
--------------------------------------------------------------------------------
| Capital increase registered: | Yes |
--------------------------------------------------------------------------------
| Issuing bank: | Danske Bank A/S |
--------------------------------------------------------------------------------
| Trading lot: | 25 |
--------------------------------------------------------------------------------
| CBR no.: | 65 72 46 18 |
--------------------------------------------------------------------------------
| GICS: | 45 20 10 20 |
--------------------------------------------------------------------------------
| Type: | 15 |
--------------------------------------------------------------------------------
