Report of transaction 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               Jørgen Wisborg                  
Reason             Member of the Board of Directors
Issuer             A/S Schouw & Co.                
Securities Code    DK0010253921                    
Description        Shares                          
Transaction        Purchase                        
Trading Date       2009-11-09                      
Market             NASDAQ OMX                      
Number             7,500                           
Market value (DKK) 738,750.00