Topdanmark A/S - issue as a consequence of utilization of warrants


--------------------------------------------------------------------------------
|                                      |              Copenhagen, 10 June 2008 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Topdanmark A/S - issue as a consequence of utilization of warrants              

The share capital of Topdanmark will be increased by 11,500 shares, each bearing
a face value of DKK 10. The listing will take effect on 16 June 2008:           

--------------------------------------------------------------------------------
| ISIN                      | Name                                             |
--------------------------------------------------------------------------------
| DK0010259530              | Topdanmark                                       |
--------------------------------------------------------------------------------

The capital increase has been registered with the Danish Commerce and Companies 
Agency.                                                                         

For further information, please see announcements published by Topdanmark, e.g. 
announcement of 30 May 2008.                                                    

For further information, please contact: Asta Jepsen, Surveillance, tel. +45 33 
93 33 66                                                                        
ISIN: DK0010259530 (VP: 1025953)                                                

--------------------------------------------------------------------------------
| Name:                                 | Topdanmark                           |
--------------------------------------------------------------------------------
| Volume before change:                 | 16,896,350 shares (DKK 168,963,500)  |
--------------------------------------------------------------------------------
| Change:                               | 11,500 shares (DKK 115,000)          |
--------------------------------------------------------------------------------
| Volume after change:                  | 16,907,850 shares (DKK 167,078,500)  |
--------------------------------------------------------------------------------
| Exercise price:                       | DKK 478                              |
--------------------------------------------------------------------------------
| Dividend, new shares:                 | Full for 2008                        |
--------------------------------------------------------------------------------
| Face value:                           | DKK 10                               |
--------------------------------------------------------------------------------
| Short name:                           | TOP                                  |
--------------------------------------------------------------------------------
| Share type:                           | AKTIE                                |
--------------------------------------------------------------------------------


GENERAL INFORMATION                                                             

--------------------------------------------------------------------------------
| Name/bearer:                          | Name                                 |
--------------------------------------------------------------------------------
| Voting rights on listed shares:       | Full                                 |
--------------------------------------------------------------------------------
| Financial year:                       | 1 January - 31 December              |
--------------------------------------------------------------------------------
| Unlisted share capital:               | DKK 0                                |
--------------------------------------------------------------------------------
| Reduction in share capital            | Yes                                  |
| registered:                           |                                      |
--------------------------------------------------------------------------------
| Issuing bank:                         | Danske Bank A/S                      |
--------------------------------------------------------------------------------
| Trading lot:                          | 25                                   |
--------------------------------------------------------------------------------
| CBR no.:                              | 78 04 00 17                          |
--------------------------------------------------------------------------------
| GICS:                                 | 40 30 10 30                          |
--------------------------------------------------------------------------------
| Type:                                 | 15                                   |
--------------------------------------------------------------------------------

Attachments

topdanmark - forhjelse af aktiekapital - uk.pdf