Notification pursuant to Section 28A of the Danish Securities Trading Act Keops A/S hereby makes the following notification of transactions in Keops A/S' shares by managers and persons closely related to the managers pursuant to Section 28(a) of the Danish Securities Trading Act: Issuer: Keops A/S ISIN code: DK0010250588 Type of security: Shares Market: Copenhagen Stock Exchange Name Cause of reporting Type of transaction Date of trade No. of shares Quoted Price (DKK) Baugur Group hf Related to Supervisory Board member Skarphedinn B. Steinarsson Purchase 23 May 2007 700,000 14,161,000 Baugur Group hf Related to Supervisory Board member Skarphedinn B. Steinarsson Purchase 24 May 2007 2,500,000 55,338,000 Please address questions relating to this Notice to Skarphedinn B. Steinarsson on telephone +354 660 0063