Share Buyback in H. Lundbeck A/S


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

Attachments

Release No 320 in pdf format