Development of the extraordinary general meeting on 19 April 2007

Today, Glunz & Jensen held an extraordinary general meeting. 

The general meeting was held in accordance with Article 3.13 of the Articles of
Association, as the amendments of the Articles of Association proposed under
item 1 of the agenda of the extraordinary meeting held on 29 March 2007 could
not be finally adopted due to lacking quorum. 

The general meeting formed a quorum in respect of item 1 on the agenda
irrespective of the share capital represented. 

The process of amalgamating the share classes is expected to be completed by
the end of June 2007.