Report of transactions with shares and related securities of William Demant Holding A/S


Company Announcement no 2008-14	22 December 2008                                


Report of transactions with shares and related securities of William Demant     
Holding A/S by persons discharging managerial responsibilities and              
persons/companies closely associated with these                                 


Pursuant to section 28a of the Danish Securities Trading Act, William Demant    
Holding A/S shall make public transactions with shares and related securities of
William Demant Holding A/S by persons discharging ma­nagerial responsibilities  
and persons/companies closely associated with these.                            

The share purchases stated below were all made in connection with the concerned 
persons' participation in salary sacrifice schemes, which towards the end of    
2007 were offered to all employees in Danish Group companies. Binding           
registration for participation in these schemes was 10 December 2007.           

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| Name                       | Niels Jacobsen                                  |
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| Reason/relation            | President & CEO                                 |
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| Issuer                     | William Demant Holding A/S                      |
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| ID code/ISIN               | DK0010268440                                    |
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| Description                | Shares                                          |
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| Transaction                | Purchase                                        |
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| Trading date               | 22 December 2008                                |
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| Market                     | NASDAQ OMX Copenhagen A/S                       |
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| Number                     | 3.675                                           |
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| Market value DKK           | DKK 795,601                                     |
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| Name                       | Ivan Jørgensen                                  |
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| Reason/relation            | Board member                                    |
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| Issuer                     | William Demant Holding A/S                      |
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| ID code/ISIN               | DK0010268440                                    |
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| Description                | Shares                                          |
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| Transaction                | Purchase                                        |
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| Trading date               | 22 December 2008                                |
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| Market                     | NASDAQ OMX Copenhagen A/S                       |
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| Number                     | 401                                             |
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| Market value DKK           | DKK 86,812                                      |
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| Name                       | Susanne Kold                                    |
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| Reason/relation            | Board member                                    |
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| Issuer                     | William Demant Holding A/S                      |
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| ID code/ISIN               | DK0010268440                                    |
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| Description                | Shares                                          |
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| Transaction                | Purchase                                        |
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| Trading date               | 22 December 2008                                |
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| Market                     | NASDAQ OMX Copenhagen A/S                       |
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| Number                     | 101                                             |
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| Market value DKK           | DKK 21,865                                      |
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| Name                       | Ole Lundsgaard                                  |
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| Reason/relation            | Board member                                    |
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| Issuer                     | William Demant Holding A/S                      |
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| ID code/ISIN               | DK0010268440                                    |
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| Description                | Shares                                          |
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| Transaction                | Purchase                                        |
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| Trading date               | 22 December 2008                                |
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| Market                     | NASDAQ OMX Copenhagen A/S                       |
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| Number                     | 101                                             |
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| Market value DKK           | DKK 21,865                                      |
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                                                                         


Further information:                                                            
Niels Jacobsen, President & CEO                                                 
Phone +45 39 17 71 00                                                           
www.demant.com

Attachments

2008-14 notification of share purchase.pdf