This is a notification of changes in the shareholdings of the company's management employees, who are obligated to give and pass on notifications, pursuant to the Danish Securities Trading Act. Name John Bennett-Therkildsen Reason Senior Vice President, in compliance with article 28 a (2.1.) of the Danish Securities Trading Act Issuer Bang & Olufsen a/s ISIN DK0060177624 Designation Subscription rights Nature of Transaction Purchase Trading Date 4 May 2009 Market OMX Nordic Exchange Copenhagen A/S Number 5,555 Market price (DKK) 99,027.32 Kim Bo Hansen Director, Global Counsel For any further information, please contact: Director, Global Counsel Kim Bo Hansen, tel.: +45 9684 5167.