Share Buyback


STOCK EXCHANGE ANNOUNCEMENT



21 January 2008


IC Companys A/S - Share Buyback

As previously informed  the IC  Companys A/S Board  of Directors  has
resolved to initiate a  share buyback program.  Under the program  IC
Companys A/S  will buy  own shares  for an  amount of  up to  DKK  70
million until 28 February, 2008, cf. stock exchange announcement  no.
1 of January 3, 2008.

During any one  single trading day  a maximum of  6,612 shares  (ISIN
code DK0010221803) 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, IC Companys A/S will issue an
announcement in respect of the transactions made under the program.

The following transactions have been made under the program:


                                         Average purchase Transaction
           Date            No. of shares    price, DKK    value, DKK
Accumulated,
last announcement             46,200                      13,627,944
        14-01-2008             6,600          260.97       1,722,402
        15-01-2008             6,600          252.06       1,663,596
        16-01-2008             6,600          235.37       1,553,442
        17-01-2008             6,600          244.50       1,613,700
        18-01-2008             6,600          235.34       1,553,244
Accumulated,   under   the
programme                     79,200                      21,734,328


Following the above buyback IC Companys  A/S owns a total of  975,807
shares at a  nominal value  of DKK  10, equal  to 5.3%  of the  total
number of shares issued, i.e. 18,505,557.


IC Companys A/S

Henrik
Theilbjørn
President & CEO

Contacts

Henrik Theilbjørn, President & CEO                     Chris  Bigler,
CFO
Tel +45 3266 7646                                 Tel +45 3266 7017




 This announcement is a translation from the Danish language. In the
event of any discrepancy between the Danish and English versions, the
                    Danish version shall prevail.

IC Companys A/S - Raffinaderivej 10 - DK 2300 Copenhagen S - tel. +45
3266 7788 - fax +45 3266 7703 - CVR no. 62 81 64 14 ho@iccompanys.com
                        - www.iccompanys.com

Attachments

Share Buyback