As stated in Announcement No. 24 of November 6, 2007, the decision to keep GN
ReSound as a part of GN Store Nord entails that GN ReSound will be classified
as continuing operations as from the Q4 2007 interim report and onwards.
The decision to keep GN ReSound also means that GN ReSound has been
reclassified from discontinued to continuing operations in the historical
financial data for the period from the fourth quarter of 2006 to the third
quarter of 2007 set out in the enclosed investor-specific statements. Relative
to the recognition of discontinued operations, the depreciation and
amortization charges have been recognized in the enclosed, reclassified data
for GN ReSound in accordance with ordinary accounting policies.
Previously, the costs relating to the sales process were recognized as
discontinued operations. As a result of the decision to discontinue the sales
process, these costs have been reclassified to “Costs related to the abandoned
sales process concerning GN ReSound” under continuing operations.
For further information, please contact:
Jens Bille Bergholdt
VP, Investor Relations
GN Store Nord A/S
Tel.: +45 45 75 02 70
