Interim Report at 31. December 2008

The Supervisory Board of Investeringsselskabet Luxor A/S has today adopted the
Interim Report as at 31 December 2008. 

The Group's results before tax for the first quarter show a loss of DKK 343.6
million (DKK -100.9 million); after tax the Group's results show a loss of DKK
283.6 (DKK -102.2 million). 

The results are influenced by negative fair value adjustments and realised
losses on securities of DKK 285.0 million (DKK -150.6 million). 

Fair value adjustments of fixed-rate debt to credit institutions, interest
swaps and mortgage debt relating to interest rate hedging are affected
negatively by DKK 21.2 million (DKK -1.0 million) due to lower market rates. 

Basic earnings have been reduced from DKK 6.5 million to DKK 3.2 million as a
conse-quence of higher losses and provisions on mortgage deeds. 

Due to negative fair value adjustments, primarily relating to interest rate
hedging, the ex-pected results for the year before tax are adjusted from a loss
of DKK 260 - 280 million to a loss of DKK 300 - 325 million. Basic earnings for
the year are expected to amount to an un-changed DKK 40 - 45 million.