Competition authorities approve Kompan offer

Several institutional investors have already accepted the offer

For the Copenhagen Stock Exchange and the Press, Copenhagen, 24 February 2005 Not to be distributed in the USA, Canada, Australia or Japan On 30 January, Nordic Capital submitted via Cidron II A/S a voluntary offer to the shareholders of Kompan A/S. One of the conditions of the offer was the obtaining of all necessary approvals from the competition authorities. The required approvals from the Norwegian and German competition authorities have now been obtained. The process is thereby progressing according to schedule and Nordic Capital has received positive response to the offer. Several leading institutional investors have already accepted the offer. Consequently, Cidron II A/S has obtained acceptance from a total of 48% of the share capital and 82% of the voting rights (excluding own shares). The offer period expires on 4 March 2005 and Nordic Capital expects to announce the outcome of the offer on Monday, 7 March 2005. Christian Dyvig Partner, Nordic Capital Phone +45 33 44 77 50