Topdanmark, reduction in share capital by cancelling own shares with effect from 28 December 2007


|                                      |          Copenhagen, 21 December 2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Topdanmark A/S - reduction in share capital by cancelling own shares            
	                                                                               
The share capital of the following share will be reduced with effect from 28    
December 2007:                                                                  

--------------------------------------------------------------------------------
| ISIN                      | Name                                             |
--------------------------------------------------------------------------------
| DK0010259530              | Topdanmark                                       |
--------------------------------------------------------------------------------

On 17 September 2007, the extra ordinary general meeting in Topdanmark adopted  
to reduce the share capital by cancelling own shares.                           

For further information, please see announcements published by Topdanmark, e.g. 
announcement of 20 December 2007.                                               

For further information, please contact: Simon Søberg Jørgensen, Surveillance,  
tel. +45 33 93 33 66                                                            
ISIN: DK0010259530 (VP: 1025953)                                                

--------------------------------------------------------------------------------
| Name:                                 | Topdanmark                           |
--------------------------------------------------------------------------------
| Volume before change:                 | 18,451,900 shares (DKK 184,519,000)  |
--------------------------------------------------------------------------------
| Change:                               | 820,900 shares (DKK 8,209,000)       |
--------------------------------------------------------------------------------
| Volume after change:                  | 17,631,000 shares (DKK 176,310,000)  |
--------------------------------------------------------------------------------
| Face value:                           | DKK 10                               |
--------------------------------------------------------------------------------
| Short name:                           | TOP                                  |
--------------------------------------------------------------------------------
| Share type:                           | AKTIE                                |
--------------------------------------------------------------------------------


GENERAL INFORMATION                                                             

--------------------------------------------------------------------------------
| Name/bearer:                          | Name                                 |
--------------------------------------------------------------------------------
| Voting rights on listed shares:       | Full                                 |
--------------------------------------------------------------------------------
| Financial year:                       | 1 January - 31 December              |
--------------------------------------------------------------------------------
| Unlisted share capital:               | DKK 0                                |
--------------------------------------------------------------------------------
| Reduction in share capital            | Yes                                  |
| registered:                           |                                      |
--------------------------------------------------------------------------------
| Issuing bank:                         | Danske Bank A/S                      |
--------------------------------------------------------------------------------
| Trading lot:                          | 25                                   |
--------------------------------------------------------------------------------
| CBR no.:                              | 78 04 00 17                          |
--------------------------------------------------------------------------------
| GICS:                                 | 40 30 10 30                          |
--------------------------------------------------------------------------------
| Type:                                 | 25                                   |
--------------------------------------------------------------------------------

Attachments

topdanmark - nedsttelse af aktiekapital - uk.pdf