William Demant Holding updates merger agreement with Otix Global

Company Announcement No 2010-15	6 October 2010                                  

William Demant Holding updates merger agreement with Otix Global                


Today, William Demant Holding has signed an addendum to the existing merger     
agreement with the US hearing aid company Otix Global, Inc. according to which  
Otix's stockholders will receive a total settlement of USD 58 million,          
corresponding to approx. DKK 312 million or a price of USD 10 per stock. The    
updated offer is thus an increase of the price stated in the original merger    
agreement entered into on 13 September 2010.                                    

We still expect to be able to close the transaction as previously communicated  
in Company Announce­ment no 2010-13 published on 13 September 2010.             

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Further information:                                                            
Niels Jacobsen, President & CEO, phone +45 39 13 82 73                          
VP, Finance & IR Stefan Ingildsen, mobile +45 29 22 02 70                       
IR Manager Søren B. Andersson, mobile +45 51 17 66 57                           
www.demant.com