2007-03-19. Stock Exchange Information Page 1/2 To: The Copenhagen Stock Exchange Report of transactions with shares and related securities in Aktieselskabet Schouw & Co. by persons discharging managerial responsabilities and persons/companies closely associated with these. According to section 28a of the Danisch Securities Act Aktieselskabet Schouw & Co. must report transactions with Aktieselskabet Schouw & Co's. shares and related securities by managerial staff and their related parties. -------------------------------------------------------------------------------- | Name | Peter Kjær | -------------------------------------------------------------------------------- | Reason | Member of the management board | -------------------------------------------------------------------------------- | Issuer | A/S Schouw & Co. | -------------------------------------------------------------------------------- | Securities Code | DK0010253921 | -------------------------------------------------------------------------------- | Description | Shares | -------------------------------------------------------------------------------- | Transaction | Exercise of options | -------------------------------------------------------------------------------- | Trading Date | 2007-03-15 | -------------------------------------------------------------------------------- | Market | Copenhagen Stock Exchange | -------------------------------------------------------------------------------- | Number | 6,000 | -------------------------------------------------------------------------------- | Market value (DKK) | 2,508,000.00 (Closing price 2007-03-15) | -------------------------------------------------------------------------------- 2007-03-19. Stock Exchange Information Page 2/2 -------------------------------------------------------------------------------- | Name | Peter Kjær | -------------------------------------------------------------------------------- | Reason | Member of the management board | -------------------------------------------------------------------------------- | Issuer | A/S Schouw & Co. | -------------------------------------------------------------------------------- | Securities Code | DK0010253921 | -------------------------------------------------------------------------------- | Description | Shares | -------------------------------------------------------------------------------- | Transaction | Sale | -------------------------------------------------------------------------------- | Trading Date | 2007-03-16 | -------------------------------------------------------------------------------- | Market | Copenhagen Stock Exchange | -------------------------------------------------------------------------------- | Number | 6,100 | -------------------------------------------------------------------------------- | Market value (DKK) | 2,558,950.00 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Name | Peter Kjær ApS | -------------------------------------------------------------------------------- | Reason | Jur. pers. §28a,4,4,a | -------------------------------------------------------------------------------- | Issuer | A/S Schouw & Co. | -------------------------------------------------------------------------------- | Securities Code | DK0010253921 | -------------------------------------------------------------------------------- | Description | Shares | -------------------------------------------------------------------------------- | Transaction | Purchase | -------------------------------------------------------------------------------- | Trading Date | 2007-03-15 | -------------------------------------------------------------------------------- | Market | Copenhagen Stock Exchange | -------------------------------------------------------------------------------- | Number | 203 | -------------------------------------------------------------------------------- | Market value (DKK) | 84,092.75 | -------------------------------------------------------------------------------- Best regards A/S Schouw & Co. Jens Bjerg Sørensen President