EAC - Preliminary Statement of Annual Results 2008 - Announcement no. 04/2009

Today the Supervisory Board of EAC A/S approved the company's
Preliminary Statement of Annual Results 2008:

-    EAC Group revenue was DKK 5,310m in 2008, an increase of 21 per
cent in DKK and 28 per cent in local currencies relative to 2007.
-  EAC Group profit from operations was DKK 630m, an increase of 4
per cent in DKK and 10 per cent in local currencies relative to 2007.
- EAC Group net profit was DKK 502m, an increase of 6 per cent in
DKK, corresponding to an increase of DKK 29m relative to 2007.
-  EAC Group return on invested capital (ROIC) for 2008 was 37.7 per
cent.
- The revenue in EAC Foods was DKK 3,347m, an increase of 36 per cent
in USD compared to 2007, while operating profit was DKK 538m, an
increase of 18 per cent in USD compared to last year.
-  The revenue in EAC Industrial Ingredients was DKK 1,295m, an
increase of 17 per cent in local currencies compared to 2007, while
operating profit was DKK 64m, a reduction of 29 per cent in local
currencies compared to last year.
-  The revenue in EAC Moving & Relocation was DKK 668m, an increase
of 16 per cent in local currencies compared to 2007, while operating
profit was DKK 76m, an increase of 31 per cent in local currencies
compared to last year.
-  For the financial year 2008, the Supervisory Board will propose to
the Annual General Meeting that a dividend of DKK 5.00 per share will
be paid.
-  For 2009 EAC expects double-digit revenue growth both in local
currencies and in DKK to around DKK 7.5bn. Consolidated operating
profit is expected to be around DKK 600m whereas EAC's share of
profits from associates is expected to be around DKK 20m.

Comments on the financial statements
In continuation of the announcement of the Preliminary Statement of
Annual Results 2008 EAC's President & CEO Niels Henrik Jensen gave
the following comment:"2008 was another good year for EAC, and we achieved the best
operating result ever on group level. Despite the financial turmoil
and downturn of the economy EAC's strategic direction remains
unchanged, and we are convinced that our three businesses have the
strength and potential for further growth and expansion. For 2009 we
expect revenue to reach around DKK 7.5 bn., an increase of more than
40 per cent."

Presentation of Preliminary Statement of Annual Results 2008

There will be a presentation of EAC's Preliminary Statement of Annual
Results 2008 at First Hotel Skt. Petri, 22 Krystalgade, Copenhagen on
26 February 2009 at 15.00 (CET).

The presentation will be live webcasted, and a link to the webcast
can be found on the company website: www.eac.com

For further information, please contact:
Contacts for institutional investors, analysts and media:
President & CEO Niels Henrik Jensen
+45 35 25 43 00
nhj@eac.dk

Group CFO Michael Østerlund Madsen
+45 35 25 43 00
mom@eac.dk

Contact for private shareholders:
Shareholders' Secretariat
+45 35 25 43 00
eac@eac.dk

www.eac.dk