Acting on its authorization to acquire up to 10% of its shares the H.
Lundbeck Supervisory Board has resolved to initiate a share buyback
program. Under the program H. Lundbeck will buy own shares for an
amount of up to DKK 6 billion, cf. stock exchange announcement number
166 on 17th August 2005.
During any one single trading day a maximum of 25% of the average
daily trading volume of Lundbeck shares on the Copenhagen Stock
Exchange, calculated over 20 days prior to each trading date, will be
bought back, as the share buyback program is implemented in
accordance with the provisions of the European Commission's
regulation no. 2273/2003 of December 22, 2003.
At least once every seven trading days, Lundbeck will issue an
announcement in respect of the transactions made under the program.
The following transactions have been made under the program:
No. of shares Average Transaction value
purchase price (DKK)
(DKK)
Accumulated, last 23,185,190 134.8234 3,125,905,031
announcement
10 October 2007 155,058 150.2562 23,298,433.49
11 October 2007 158,936 149.7868 23,806,509.30
12 October 2007 -- -- --
15 October 2007 -- -- --
16 October 2007 120,432 145.0818 17,472,491.19
17 October 2007 156,079 144.2480 22,514,086.78
18 October 2007 -- -- --
Accumulated under the 23,775,695 135.1379 3,212,996,552
program
Following the above buyback it is hereby announced that Lundbeck owns
a total of 4,618,908 own shares at a nominal value of DKK 5, equal to
2.23% of the total number of 207,279,631 shares.
The content of this release will have no influence on the Lundbeck
Group's financial result for 2007.
Lundbeck contacts
Investors: Media:
Jacob Tolstrup Caroline Broge
Director, Investor Relations Media Relations Manager
+45 36 43 30 79 +45 36 43 26 38
________________________
Stock Exchange Release No 299 - 18 October 2007
About Lundbeck
H. Lundbeck A/S is an international pharmaceutical company engaged in
the research and development, production, marketing and sale of drugs
for the treatment of psychiatric and neurological disorders. In 2006,
the company's revenue was DKK 9.2 billion (approximately EUR 1.2
billion or USD 1.6 billion). The number of employees is approximately
5,300 globally. For further information, please visit
www.lundbeck.com
