Announcement of managerial staffs etc. trading with company shares

| Source: Bang & Olufsen A/S

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.

Bang & Olufsen a/s has been notified of the following transactions:


Name: Jim Hagemann Snabe
Reason: Vice Chairman
Issuer: Bang & Olufsen a/s
ISIN: DK0010218429
Transaction type: Acquisition
Date: 16-01-2014
Market: NASDAQ OMX Copenhagen A/S
Number: 1,640
Price in DKK: 101,680


For further information, please contact:

Investor Relations Manager, Claus Højmark Jensen, tel: +45 9684 1251