Announcement no. 26 - 2007/08 January 3, 2008 REPORTING OF TRADING IN THRANE & THRANE SHARES Pursuant to section 28a of the Danish Securities Trading Act, Thrane & Thrane is required to submit information on transactions in Thrane & Thrane shares and related securities by management employees and their related parties. The statement is based on the reports received by Thrane & Thrane from members of the company's Board of Directors and Management Board as well as other management employees. The average subscription price of the warrants exercised was DKK 145.2, resulting in proceeds to Thrane & Thrane of DKK 4,356,000. Following the exercise, 418,180 warrants remain outstanding, corresponding to 7.5 % of the share capital. For further information, please contact Svend Aage Lundgaard Jensen, CFO Tel.: +45 39 55 88 00 E-mail: investor@thrane.com About Thrane & Thrane Thrane & Thrane is the world's leading manufacturer of equipment and systems for global mobile communication based on sophisticated satellite and radio technology. Since its incorporation in 1981, the company has established a strong position within global mobile communication solutions based on the Inmarsat system, and today Thrane & Thrane provides equipment for maritime, land-based and aeronautical use. The company's communication products are sold throughout the world under the brands Thrane & Thrane, EXPLORER® and SAILOR® through distributors and partners and as OEM products. Thrane & Thrane has approximately 750 employees and is listed on OMX The Nordic Exchange in Copenhagen. More information about Thrane & Thrane A/S at www.thrane.com.