During any one single trading day a maximum of 25% of the average daily trading volume of Lundbeck shares on OMX Nordic Exchange Copenhagen, calculated over 20 days prior to each trading date, will be bought back, as the share buyback program is implemented in accordance with the provisions of the European Commission's regulation no. 2273/2003 of December 22, 2003. At least once every seven trading days, Lundbeck will issue an announcement in respect of the transactions made under the program. The following transactions have been made under the program: No. of shares Average Transaction value purchase price (DKK) (DKK) Accumulated, last 25,809,700 135.9689 3,509,315,449 announcement 4 January 2008 90,000 134.0370 12,063,328.65 7 January 2008 56,974 133.5968 7,611,542.09 8 January 2008 -- -- -- 9 January 2008 95,000 137.5688 13,069,031.25 10 January 2008 83,660 136.7483 11,440,366.12 11 January 2008 95,000 136.9785 13,012,953.23 14 January 2008 49,800 135.1175 6,728,852.75 Accumulated under the 26,280,134 135.8874 3,573,241,523 program Following the above buyback it is hereby announced that Lundbeck owns a total of 7,123,347 own shares at a nominal value of DKK 5, equal to 3.44% of the total number of 207,279,631 shares. The content of this release will have no influence on the Lundbeck Group's financial results for the 2007 financial year, due to be announced on 4 March 2008. On the same occasion, Lundbeck will present its financial guidance for 2008. Lundbeck contacts Investors: Media: Jacob Tolstrup Anders Schroll Director, Corporate Reporting Head of Communication +45 36 43 30 79 +45 36 43 20 81 Palle Holm Olesen Head of Investor Relations +45 36 43 24 26 ________________________ Stock Exchange Release No 320 - 14 January 2008 About Lundbeck H. Lundbeck A/S is an international pharmaceutical company engaged in the research and development, production, marketing and sale of drugs for the treatment of psychiatric and neurological disorders. In 2006, the company's revenue was DKK 9.2 billion (approximately EUR 1.2 billion or USD 1.6 billion). The number of employees is approximately 5,300 globally. For further information, please visit www.lundbeck.com