Topdanmark A/S - issue as a consequence of utilization of warrants


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|                                      |         Copenhagen, 12 September 2008 |
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Topdanmark A/S - issue as a consequence of utilization of warrants              
	                                                                               
The share capital of Topdanmark will be increased by 3,500 shares, each bearing 
a face value of DKK 10. The listing will take effect on 17 September 2008:      


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| ISIN:                                 | DK0010259530 (VP: 1025953)           |
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| Name:                                 | Topdanmark                           |
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| Volume before change:                 | 16,667,850 shares (DKK 166,678,500)  |
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| Change:                               | 3,500 shares (DKK 35,000)            |
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| Volume after change:                  | 16,671,350 shares (DKK 166,713,500)  |
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| Subscription price, new shares:       | 1,500 shares at DKK 349.00           |
|                                       | 2,000 shares at DKK 478.00           |
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| Dividend, new shares:                 | Full for 2008                        |
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| Denomination:                         | DKK 10                               |
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| Short name:                           | TOP                                  |
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| Trading lot:                          | 25                                   |
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The capital increase has been registered with the Danish Commerce and Companies 
Agency.                                                                         

For further information, please see announcements published by Topdanmark, e.g. 
announcement of 10 September 2008.                                              



For further information, please contact: Helene Gaustad Jeppesen, Surveillance, 
tel. +45 33 93 33 66

Attachments

topdanmark - forhjelse af aktiekapital - september - uk.pdf
GlobeNewswire