H. Lundbeck, Claus Bræstrup appointed new President and CEO of H. Lundbeck A/S

The Supervisory Board of H. Lundbeck A/S has appointed Claus Bræstrup as its new President and CEO. On 1 November 2003, Bræstrup will replace Lundbeck’s existing President and CEO, Erik Sprunk-Jansen, who wishes to step down after 17 successful years of running the company. The Supervisory Board of H. Lundbeck A/S has asked Erik Sprunk-Jansen to make his services available to the company for a period of 12 months, which Erik Sprunk-Jansen has accepted.