Small Cap Danmark A/S - reduction in share capital by cancelling own shares


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|                                      |           Copenhagen, 27 August 2008  |
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Small Cap Danmark A/S - reduction in share capital by cancelling own shares     

The share capital of the following share will be reduced with effect from 2     
September 2008:                                                                 

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| ISIN                      | Name                                             |
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| DK0010305077              | Small Cap Danmark                                |
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On 2 April 2008, the ordinary general meeting in Small Cap Danmark adopted to   
reduce the share capital by cancelling own shares. This was also confirmed on   
the company's extraordinary general meeting on 30 April 2008.                   

For further information, please see announcements published by Small Cap        
Danmark, e.g. announcements of 2 April 2008, 5 May 2008 and 26 August 2008.     



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| ISIN:                                 | DK0010305077 (VP: 1030507)           |
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| Name:                                 | Small Cap Danmark                    |
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| Volume before change:                 | 5,578,665 shares (DKK 111,573,300)   |
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| Change:                               | 364,863 shares (DKK 7,297,260)       |
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| Volume after change:                  | 5,213,802 shares (DKK 104,276,040)   |
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| Face value:                           | DKK 20                               |
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| Short name:                           | SCD                                  |
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| Trading lot:                          | 100                                  |
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For further information, please contact: Asta Jepsen, Surveillance, tel. +45 33 
93 33 66

Attachments

small cap danmark - annullering af egne aktier - uk.pdf