OMX Den Nordiske Børs, København
5 May 2008
Announcement no. 16
NKT Flexibles - groundbreaking agreement with Brazil's largest oil company
Petroleo Brasileiro SA (Petrobras) and NKT Flexibles have signed a three-year
framework agreement covering the supply of offshore pipes in the period
2009-2011. Fully exercised, the contract may reach a value of 1.4 bnDKK.
A press release from NKT Flexibles is attached containing further details of
the agreement signed.
Financial aspects
We can also inform you that NKT Flexibles' combined portfolio of orders,
declarations of intent and framework agreements covering supplies in the period
2008-2011 hereafter comprises 2.9 bnDKK.
Further information
Please address any questions to this announcement to the undersigned on tel.
no. +45 4348 2000.
Yours faithfully
NKT Holding A/S
Thomas Hofman-Bang
President and CEO
Encl.: Press release from NKT Flexibles
