Transactions in connection with share buyback program

10/5/2012 12:26 PM EST

GN Store Nord A/S
Changes in company's own shares

Transactions in connection with share buyback program

Copenhagen, 2012-10-05 18:26 CEST (GLOBE NEWSWIRE) -- Acting under its share
buyback authorization, the GN Store Nord Board of Directors initiated a share
buyback program on August 20, 2012 in accordance with the provisions of the
European Commission’s regulation no 2273/2003 of 22 December 2003, also
referred to as the Safe Harbor rules (Company announcement no. 40 of August 20,
2012). 

The share buyback program has been initiated in order to reduce the company’s
share capital. Under the share buyback program which is running from August 20,
2012 and ending no later than February 28, 2013, GN intends to buy back shares
for an amount of up to DKK 400 million. 

The following transactions have been made under the program in the period
September 27 – October 5, 2012: 



                            No. of       Average purchase     Transaction Value,
                            shares          price, DKK               DKK        
--------------------------------------------------------------------------------
   September 27, 2012       20,000             88.23               1,764,502    
--------------------------------------------------------------------------------
   September 28, 2012       30,000             89.77               2,693,151    
--------------------------------------------------------------------------------
    October 1, 2012         20,000             89.77               1,795,496    
--------------------------------------------------------------------------------
    October 2, 2012         26,000             90.73               2,359,027    
--------------------------------------------------------------------------------
    October 3, 2012         50,000             89.61               4,480,425    
--------------------------------------------------------------------------------
    October 4, 2012         30,000             89.48               2,684,370    
--------------------------------------------------------------------------------
    October 5, 2012         25,000             89.62               2,240,493    
--------------------------------------------------------------------------------
 Accumulated under the    1,184,000            82.74              97,960,557    
        program                                                                 
--------------------------------------------------------------------------------

Following the above transactions GN owns a total of 20,905,038 own shares
corresponding to 10.8% of the company’s total share capital. Every seventh
trading day GN will announce the number and value of repurchased shares in
company announcements to NASDAQ OMX Copenhagen. 



For further information, please contact:

Michael Bjergby
Director – IR, Communication & Treasury

GN Store Nord A/S
Tel: +45 45 75 02 92