Announcement no. 30 - 2007/08 February 28, 2008 INTERIM REPORT FOR THE NINE MONTHS ENDED JANUARY 31, 2008 Revenue and operating profit continue to grow • Revenue was DKK 869 million, up 15% relative to the same period of last year. The largest business area, equipment for maritime use, reported a 30% improvement. • Revenue was, however, adversely affected by delays in component shipments from third-party suppliers. Due to these delays, we were unable to adequately meet demand for Thrane & Thrane products, and our order book grew during the three-month period. • The operating profit was DKK 108 million, double the profit recorded in the first nine months of last year. The operating margin was 12.4%. • Q3 revenue was DKK 286 million (DKK 304 million), and the operating profit was DKK 29 million (DKK 22 million). • Cash flows from operating activities were DKK 178 million (DKK 119 million) in Q1-Q3. • For the 2007/08 financial year, which ends on April 30, 2008, we continue to expect an operating margin of around 15% (2006/07: 10.5%) before integration costs. Revenue is expected to be around DKK 1,240 million against the previous guidance of DKK 1,350 million. • The merger of the Group's Norwegian subsidiary with Thrane & Thrane in Denmark is progressing as planned and is expected to trigger liquidity-generating annual savings of around DKK 90 million. Thrane & Thrane's interim report for the nine months ended January 31, 2008 is available for download at www.thrane.com For further information, please contact John Alexandersen, Vice President, Corporate Communications Tel. (+45) 39 55 88 35 or (+45) 22 72 38 22 (mobile) E-mail: ja@thrane.com