Company Announcement No. 172, 2008 H+H International A/S Dampfærgevej 27-29, 4th Floor 2100 Copenhagen Ø Denmark Telephone: +45 35 27 02 00 www.HplusH.com 27 May 2008 Interim financial report Q1 2008 - First-quarter revenue was DKK 416.2 million (2007: DKK 416.1 million). - First-quarter EBITDA was DKK 68.8 million (2007: DKK 65.2 million). - First-quarter profit before tax was DKK 33.9 million (2007: DKK 31.4 million). - Equity at 31 March 2008 was DKK 900.4 million. Equity was affected by buyback of treasury shares to a total value of DKK 99.7 million during the period. - Net interest-bearing debt at 31 March 2008 amounted to DKK 612 million. - The 2008 outlook for the UK construction industry worsened significantly in April and May. - Full-year profit before tax from the UK activities is expected to be in the region of DKK 0-10 million compared with DKK 67.9 million for 2007. - Due to the projected decline in the level of construction activity in the UK, the full-year 2008 outlook concerning profit before tax is lowered to the DKK 140-160 million level compared with the previously announced DKK 180-200 million level. Please see attached pdf file for full version of the report. Anders C. Karlsson Chairman of the Supervisory Board Hans Gormsen CEO For additional information please contact: Hans Gormsen, CEO, or Martin Busk Andersen, CFO, on telephone +45 35 27 02 00 This is a translation of the company's announcement in Danish. In case of inconsistency between the Danish text and this English translation, the Danish text shall prevail.