26 November 2007 Announcement No. 24/2007 To the Copenhagen Stock Exchange As announced in the Q1 2007 report of 22 May 2007, Topdanmark's Board of Directors has decided to allocate employee shares and employee bonds in return for a salary reduction. It has allocated 29,016 employee shares and employee bonds with a nominal value of DKK 16,325,866. The allocation was effected on 23 November 2007. Please direct any queries to: Steffen Heegaard, Head of IR and Communications Direct tel: +45 4474 4017, Mobile: +45 4025 3524