THRANE & THRANE ANNOUNCES DIVESTMENT OF ITS EUROPEAN SATELLITE LINK GMBH SUBSIDIARY

Announcement no. 14 - 2007/08	August 14, 2007



THRANE & THRANE ANNOUNCES DIVESTMENT OF ITS EUROPEAN SATELLITE LINK GMBH
SUBSIDIARY 

Thrane & Thrane A/S acquired the Norwegian company Nera SatCom AS in October
2006. That acquisition also comprised Nera SatCom's wholly-owned German
subsidiary European Satellite Link GmbH (ESL) based in Hamburg, Germany. 

Following the acquisition of Nera SatCom, Thrane & Thrane investigated whether
ESL could be fitted into Thrane & Thrane's strategy going forward. The
conclusion was that ESL could not profitably be integrated into Thrane &
Thrane. 

Thrane & Thrane then launched negotiations with a number of parties interested
in acquiring ESL. As a result of these negotiations, the company ESL Holding
Aps represented by two former Thrane & Thrane employees, Nikolaj Hvegholm,
Director of Partner Communication & Marketing, and Henrik Christensen, Director
of Market Management, will acquire ESL. Closing of the acquisition is expected
to take place before the end of August 2007. The two employees will resign
their positions with Thrane & Thrane on the same date. As a Certified Partner
ESL will continue to buy products, services and support from Thrane & Thrane. 

The divestment of ESL does not change Thrane & Thrane's outlook for the 2007/08
financial year. The company thus continues to expect revenue of around DKK
1,350 million (DKK 1,121 million) and an operating margin of around 15%
(10.5%). 


For further information, please contact
John Alexandersen, VP Corporate Communications
Tel.: +45 39 55 88 00 or +45 22 72 38 22
E-mail: investor@thrane.com


About Thrane & Thrane
Thrane & Thrane is the world's leading manufacturer of equipment and systems
for global mobile communication based on sophisticated satellite and radio
technology. Since its incorporation in 1981, the company has established a
strong position within global mobile communication solutions based on the
Inmarsat system, and today Thrane & Thrane provides equipment for maritime,
land-based and aeronautical use. The company's communication products are sold
throughout the world under the brands Thrane & Thrane, EXPLORER® and SAILOR®
through distributors and partners and as OEM products. Thrane & Thrane has
approximately 800 employees and is listed on the Copenhagen Stock Exchange.
More information about Thrane & Thrane A/S at www.thrane.com