As previously announced, EAC has initiated a share buyback programme.
Under the programme EAC will buy own shares for an amount of up to
DKK 500m until 3 April, 2008, cf. stock exchange announcement no. 11
of 16 August, 2007.
The programme is being executed in accordance with the rules of "Safe
Harbour" as set out by the EU Commission in Regulation 2273/2003 of
22 December, 2003.
EAC have made the following transactions under the programme since
the stock exchange announcement of 16 October, 2007:
Average purchase
Date No. of shares price, DKK Transaction value, DKK
Accumulated,
last
announcement 957,725 382.04 365,891,870
16.10.2007 30,000 433.40 13,002,000
17.10.2007 29,000 421.72 12,229,880
18.10.2007 12,500 420.12 5,251,500
19.10.2007 12,275 418.17 5,133,037
22.10.2007 10,000 419.85 4,198,500
23.10.2007 8,900 427.70 3,806,530
24.10.2007 25,000 422.88 10,572,000
Accumulated
under the
programme: 1,085,400 387.03 420,085,317
Hereafter EAC owns 1,085,400 own shares or 7.22% of the share
capital.
Yours sincerely,
The East Asiatic Company Ltd. A/S
(A/S Det Østasiatiske Kompagni)
For additional information, please contact:
President & CEO Niels Henrik Jensen, +45 35 25 43 00, +45 20 23 21 88
(mobile), nhj@eac.dk
Group CFO Michael Østerlund Madsen, +45 35 25 43 00, +45 20 41 09 57
(mobile), mom@eac.dk
www.eac.dk
This English version is provided for convenience only and in case of
discrepancy the Danish version shall prevail