Exercise of warrants and sale of shares


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.

Attachments

nr. 26 03-01-2008 indberetning af handler med thrane  thrane aktier uk.pdf