Notification of changes in the shareholdings of the

This is a notification of changes in the shareholdings of the company's
management employees, who are obligated to give and pass on notifications,
pursuant to the Danish Securities Trading Act. 

Bang & Olufsen a/s has been notified of the following transactions:


Name                  Knud Olesen
Reason                Member of the Board of Directors, in compliance
                      with article 28 a (2.1.) of the Danish Securities Trading
                      Act 
Issuer                Bang & Olufsen a/s
ISIN                  DK0010218429
Designation           Shares
Nature of Transaction Purchase
Trading Date          14th of January 2008
Market                OMX Nordic Exchange Copenhagen A/S
Number                120
Market price (DKK)    39.900

Contact:


Kim Bo Hansen
Director, Global Counsel
Phone +45 9684 5167

Notification of changes in the shareholdings of the company's management employees

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