Share buyback – Ending

May 23, 2007, 11:43

As previously informed the IC Companys A/S Board of Directors has resolved to initiate a share buyback program. Under the program IC Companys A/S will buy own shares for an amount of up to DKK 75 million until May 23, 2007, cf. stock exchange announcement no. 10 of February 22, 2007.

During any one single trading day a maximum of 24,072 shares (ISIN code DK0010221803) will be bought back, as the share buyback program is implemented in accordance with the provisions of the European Commission’s regulation no. 2273/2003 of December 22, 2003.

At least once every seven trading days, IC Companys A/S will issue an announcement in respect of the transactions made under the program. The following transactions have been made under the program:

Date No. of shares Average purchase price, DKK Transaction value, DKK
Accumulated, last announcement 183,447   60,762,615
09-05-2007 11,125 336.75 3,746,344
10-05-2007 3,000 334.50 1,003,500
11-05-2007 4,000 327.50 1,310,000
14-05-2007 5,175 330.67 1,711,217
15-05-2007 1,438 326.17 469,032
16-05-2007 6,825 333.86 2,278,595
18-05-2007
Accumulated, under the programme 215,010   71,281,303

Following the above buyback IC Companys A/S owns a total of 684,562 shares at a nominal value of DKK 10, equal to 3.7% of the total number of shares issued, i.e. 18,393,498 shares.

IC Companys A/S

Henrik Theilbjørn
President & CEO

Contact

Henrik Theilbjørn, President & CEO Tel
+45 3266 7646

Chris Bigler, CFO Tel
+45 3266 7017

 This announcement is a translation from the Danish language, In the event of any discrepancy between the Danish and English versions, the Danish version shall prevail