Share buyback



STOCK EXCHANGE ANNOUNCEMENT


7 July 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  47
million until 31 July, 2008,  cf. stock exchange announcement no.  32
of 15 May, 2008.

During any one  single trading day  a maximum of  7,750 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      171,400                     33,123,312
     30-06-08           5,000          155.76        778,800
     01-07-08           5,000          155.56        777,800
     02-07-08           5,000          157.29        786,450
     03-07-08           4,100          155.72        638,452
     04-07-08           1,300          156.19        203,047
Accumulated
under the programme       191,800                  36,307,861


Following the above buyback IC Companys A/S owns a total of 1,334,282
shares at a nominal value of DKK 10 equal to 7.4% of the total number
of shares issued. i.e. 17,919,632.


IC Companys A/S

Henrik
Theilbjørn
President & CEO


Contacts
Chris                                                          Bigler

Henrik Steensgaard
Chief                                                       Financial
Officer
Investor Relations Manager
Tel                             +45                              3266
7017                                                              Tel
+45 3266 7409



 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.pdf