Share buyback programme completed

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Company Announcement No. 166, 2008

H+H International A/S
Dampfærgevej 27-29, 4th Floor
2100 Copenhagen Ø
Denmark
Telephone: +45 27 35 02 00
www.HplusH.com

29 January 2008


Share buyback programme completed

Reference is made to company announcement No. 164 dated 18 January 2008 in
which the company announced that it was immediately commencing a share buyback
programme in the region of up to DKK 90 million for the company's B shares. The
buyback programme is now implemented and completed. 

In the period from 18 January 2008 to today, the company has bought back 68,430
B shares at a total purchase price of DKK 89,897,735 equivalent to an average
purchase price of DKK 1,313.72 per B share bought back. 

Accordingly, the company now holds a total of 83,089 B shares with a nominal
value of DKK 100 per share, equivalent to 7.16% of the total number of shares
and 2.50% of the total votes. The allocation of shares to the company's share 
option schemes from the company's own portfolio of B shares currently stands 
at 14,433 shares. 

At the Annual General Meeting, the Supervisory Board will propose a reduction
of the share capital by cancellation of own B shares. 


Anders C. Karlsson
Chairman of the Supervisory Board

Hans Gormsen
CEO


For additional information please contact:
Hans Gormsen, CEO, or Martin Busk Andersen, Vice President, Finance, 
on telephone +45 35 27 02 00

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