Report of transactions with shares

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               Momenta ApS             
Reason             Legal entity §28a, 4,4,a
Issuer             A/S Schouw & Co.        
Securities Code    DK0010253921            
Description        Shares                  
Transaction        Purchase                
Trading Date       2009-05-07              
Market             NASDAQ OMX              
Number             2,000                   
Market value (DKK) 199,845.50              

Name               Momenta Invest A/S      
Reason             Legal entity §28a, 4,4,a
Issuer             A/S Schouw & Co.        
Securities Code    DK0010253921            
Description        Shares                  
Transaction        Purchase                
Trading Date       2009-05-07              
Market             NASDAQ OMX              
Number             10,000                  
Market value (DKK) 989,830.50