Implementation of capital reduction - disclosure of total share capital and voting rights

Company Announcement No. 173, 2008

H+H International A/S
Dampfærgevej 27-29, 4th Floor
2100 Copenhagen Ø
Denmark
Telephone: +45 35 27 02 00
www.HplusH.com

31 July 2008


Implementation of capital reduction - disclosure of total share capital and
voting rights 

As stated in Company Announcement No. 170 dated 16 April 2008, a resolution was 
passed at H+H International A/S's Annual General Meeting on 16 April 2008
authorising the reduction of the B share capital by nominally DKK 7,000,000 by
cancellation of 70,000 own B shares. 

The deadline for registration of any claims by creditors expired on 17 July
2008 without any claims being registered, and the capital reduction was
consequently completed today following filing at the Danish Commerce and
Companies Agency. In this connection Article 2 of the Company's Articles of
Association, which sets out the Company's capital, was amended at the same
time, see the attached Articles of Association. 

Pursuant to Section 6 of the Executive Order on Issuer's Duty to Provide
Information it is hereby announced that the total share capital of H+H
International A/S after the reduction of the B share capital is nominally 
DKK 109,000,000, divided into an A share capital of nominally DKK 24,000,000 
and a B share capital of nominally DKK 85,000,000. The number of voting rights 
totals 32,500,000, divided into 24,000,000 voting rights attaching to the A
shares and 8,500,000 voting rights attaching to the B shares. 


Anders C. Karlsson
Chairman of the Supervisory Board

Hans Gormsen
CEO


For additional information please contact:
Hans Gormsen, CEO, or Martin Busk Andersen, CFO, on telephone +45 35 27 02 00

This is a translation of the company's announcement in Danish. In case of
inconsistency between the Danish text and this English translation, the Danish
text shall prevail.