The Nordic Exchange Nikolaj Plads 6 DK-1007 Copenhagen K 16 October 2007 Release No. 21 Nilfisk-Advance makes acquisition in South Africa Nilfisk-Advance will acquire ownership of its South African distributor WAP South Africa (Pty) Ltd. (WAP) as at 1 January 2008. This development is part of Nilfisk-Advance's plans to expand its activities in both existing and new markets. WAP has established an extensive sales and service organisation in South Africa employing 190 people. The acquisition will increase the revenue of Nilfisk-Advance by around 50 mDKK. Experienced organisation Established 30 years ago, WAP is owned by the company's management and one external investor. The company has serviced the South African market as sole distributor of Nilfisk-Advance products for a number of years. WAP is thus a well-established enterprise with in-depth knowledge of Nilfisk-Advance's product programme and service concepts. With the acquisition of WAP, Nilfisk-Advance's opportunities to increase sales in the South African market will be strengthened considerably. This is partly due to the prospects of selling a broader product programme, but Nilfisk-Advance's possibilities of sales in the neighbouring African countries to which WAP already exports will also be increased. The agreement for the acquisition of WAP was entered into as the result of a desire by the founder and majority shareholder for generational change in the management within a few years. Financial aspects By agreement with the seller, the purchase price will not be disclosed. Expectations regarding future earnings resulting from the acquisition of WAP will be included in Nilfisk-Advance's / NKT's forecasts for 2008, which will be published in NKT's annual report for 2007. WAP will be integrated in Nilfisk-Advance's consolidated financial statement as from 2008. Part of Nilfisk-Advance's expansion strategy The acquisition of WAP on 1 January 2008 will add a further company to Nilfisk-Advance's 35 existing sales subsidiaries, the majority of which are domiciled in Europe, North America and Asia. Over the past year, as part of its expansion strategy, Nilfisk-Advance has not only acquired the Chinese production and sales organisation Viper, but also strengthened its position in Denmark and the UK through acquisitions of small sales and service businesses. Read more about Nilfisk-Advance on www.nilfisk-advance.com. Further information Please contact the undersigned on telephone number +45 4348 2000 or Nilfisk-Advance CEO Jørgen Jensen on telephone no. +45 4323 8100 if you have questions regarding the above information. Yours faithfully, NKT Holding A/S Thomas Hofman-Bang President and CEO, Chairman of the Board of Directors of Nilfisk-Advance A/S