Attached please find below text as PDF file.
Dampskibsselskabet ”NORDEN” A/S
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OMX Nordic Exchange Copenhagen A/S Announcement no. 11
Nikolaj Plads 6 18 March 2008
1067 Copenhagen K Page 1 of 1
We refer to stock announcement no. 8 dated 10 March 2008 regarding the option
programme for leading employees. In this announcement, an estimated theoretical
Black-Scholes value of granted options was provided.
The exercise price of the options granted on 10 March 2008 has now been
determined.
The theoretical Black-Scholes value of each option can therefore now be
determined as DKK 85.49. The calculation is based on the following assumptions:
that all options are exercised at the earliest time possible, a volatility of
42.7%, an annual dividend rate of DKK 35 per share, and a risk free interest
rate of 3.57%.
Kind regards,
Dampskibsselskabet ”NORDEN” A/S
Ivar Hansson Myklebust
Executive Vice President & CFO
Contact at tel. +45 3315 0451:
Ivar Hansson Myklebust, Executive Vice President & CFO.
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Dampskibsselskabet ”NORDEN” A/S
49, Amaliegade
DK-1256 COPENHAGEN K
www.ds-norden.com
