This is a notification of changes in the shareholdings of the company's management employees, who are obligated to give and pass on notifications, pursuant to the Danish Securities Trading Act. Bang & Olufsen a/s has been notified of the following transactions: Name Peter Thostrup Reason Executive Vice President in compliance with article 28a (2.1.) of the Danish Securities Trading Act Issuer Bang & Olufsen a/s ISIN DK0010218429 Designation Shares Nature of Transaction Purchase (Grant of employee shares) Trading Date 11th of October 2007 Market OMX Nordic Exchange Copenhagen A/S Number 12 Market price (DKK) 7.620 Name Peter Eckhardt Reason Director, Product and Business Development, in compliance with article 28a (2.2.) of the Danish Securities Trading Act. Issuer Bang & Olufsen a/s ISIN DK0010218429 Designation Shares Nature of Transaction Purchase (Grant of employee shares) Trading Date 11th of October 2007 Market OMX Nordic Exchange Copenhagen A/S Number 12 Market price (DKK) 7.620 Contact: Kim Bo Hansen Global Counsel Phone +45 9684 5167
Notification of changes in the shareholding of the company's management employees
| Source: Bang & Olufsen A/S