Report of transaction with shares

Report of transactions with shares and related securities in         
Aktieselskabet Schouw & Co. by persons discharging managerial        
responsibilities 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               Jens Bjerg Sørensen Holding ApS
Reason             Legal entity §28a, 4,4,a       
Issuer             A/S Schouw & Co.               
Securities Code    DK0010253921                   
Description        Shares                         
Transaction        Sale                           
Trading Date       2010-12-02                     
Market             NASDAQ OMX                     
Number             10,000                         
Market value (DKK) 1,155,000.00