Share option plan - exercise price for share options granted for 2007

Company Announcement No. 168, 2008

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

28 March 2008


Share option plan - exercise price for share options granted for 2007

In May 2007 H+H International A/S granted total 6,000 share options for 2007
distributed on the two members of the Executive Board and four senior
executives in the H+H Group.  Each share option entitles the holder to buy one
B share of nominally DKK 100. The exercise price is calculated as the average
price of the B shares for ten business days after the publication of the annual
report 2007 plus 20%. The share option plan is described more explicitly in
Company Announcement no. 255 of 24 May 2007 and in Company Announcement no. 167
of 10 March 2008. 

Ten business days have now passed since the publication on 10 March 2008 of H+H
Internationals A/S's annual report 2007 and the average price for the period
has been calculated at DKK 1,314, which after addition of 20% gives an exercise
price of DKK 1,576 for each of the 6,000 share options for 2007. 


Anders C. Karlsson
Chairman of the Supervisory Board

Hans Gormsen
CEO


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

This is a translation of the company's announcement in Danish. In case of
inconsistency between the Danish text and this English translation, the Danish
text shall prevail.