Share Buyback in H. Lundbeck A/S

Acting on its authorization to acquire up to 10% of its shares the H.
Lundbeck Supervisory Board has resolved to initiate a share buyback
program. Under the program H. Lundbeck will buy own shares for an
amount of up to DKK 6 billion, cf. stock exchange announcement number
166 on 17th August 2005.

During any one single trading day a maximum of 25% of the average
daily trading volume of Lundbeck shares on the Copenhagen Stock
Exchange, calculated over 20 days prior to each trading date, 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, Lundbeck will issue an
announcement in respect of the transactions made under the program.

The following transactions have been made under the program:


                       No. of shares        Average Transaction value
                                     purchase price             (DKK)
                                              (DKK)
Accumulated, last         21,733,973       135.1108     2,935,620,113
announcement
14 August 2007         --                        --                --
15 August 2007               140,909       131.9102        18,587,329
16 August 2007               140,453       128.2249        18,009,570
17 August 2007               141,473       124.9930        17,683,134
20 August 2007                    --             --                --
21 August 2007               145,425       126.6701        18,420,992
22 August 2007                    --             --                --
Accumulated under the     22,302,233       134.8888     3,008,321,140
program




Following the above buyback it is hereby announced that Lundbeck owns
a total of 3,145,446 own shares at a nominal value of DKK 5, equal to
1.52% of the total number of 206,870,629 shares.

The content of this release will have no influence on the Lundbeck
Group's financial result for 2007.

Lundbeck contacts


Investors:                   Media:

Jacob Tolstrup               Caroline Broge
Director, Investor Relations Media Relations Manager
+45 36 43 30 79              +45 36 43 26 38
+1 201 350 0187


                      ________________________

Stock Exchange Release No 286 - 23 August 2007

About Lundbeck
H. Lundbeck A/S is an international pharmaceutical company engaged in
the research and development, production, marketing and sale of drugs
for the treatment of psychiatric and neurological disorders. In 2006,
the company's revenue was DKK 9.2 billion (approximately EUR 1.2
billion or USD 1.6 billion). The number of employees is approximately
5,300 globally. For further information, please visit
www.lundbeck.com