Supplementary announcement of grant of warrants to insider


NASDAQ OMX Copenhagen                                                           
Announcement no. 5/2009                                                         


Supplementary announcement of grant of warrants to insider                      


Copenhagen, 9 March 2009. As stated in announcement no. 3 on 27 February 2009,  
Maconomy A/S granted warrants under securities identification code DK0010274174 
in pursuance of the Danish Securities Trading Act.                              
                                                                                

--------------------------------------------------------------------------------
| Name          | Repor-   | Date of  | Number of    | Exercise | Value, Black |
|               | ting     | grant    | warrants     | price    | & Scholes    |
|               | category |          |              |          |              |
--------------------------------------------------------------------------------
| Claus         | Manager  | 9 March  |       75,000 |     5.59 |      180,450 |
| Thorsgaard    | -        | 2009     |              |          |              |
|               | insider  |          |              |          |              |
--------------------------------------------------------------------------------


The warrants can be exercised two years after the grant and expire four years   
after the grant. The exercise price is DKK 5.59 per share and has been          
determined based on the average price of trades made on NASDAQ OMX Copenhagen   
five trading days after the announcement of the Consolidated Financial          
Statements for 2008 on 27 February 2009, with an increase of 5%. The value of   
granted warrants is valuated in accordance with the Black & Scholes method, at a
volatility rate of 67% and an interest rate of 2.976%, to DKK 2.406 per warrant,
resulting in a total of DKK 180,450.                                            


Klaus Juhl Wulff                                                                
CFO                                                                             




Further information:                                                            
Klaus Juhl Wulff                                                                
CFO                                                                             
Phone: +45 35 27 23 67                                                          
E-mail: ir@maconomy.com                                                         




This announcement has been prepared in Danish and English. The Danish version is
to be considered the original version for official purpose. In case of any      
discrepancy between the two versions, the Danish version shall prevail.

Attachments

csx20090309ann5-uk.pdf