Nasdaq Copenhagen Nikolaj Plads 6 DK-1007 Copenhagen K 6 June 2016 Announcement No. 25 Transactions in connection with share buyback programme On 26 February 2016 NKT launched a share buyback programme of up to DKK 550m, cf. Company Announcement No. 3. The programme is established and structured in accordance with Commission Regulation (EC) No 2273/2003 of 22 December 2003 (the Safe Harbour method) with the objective to initiate an adjustment of NKT’s capital structure in accordance with communicated targets. The share buyback programme will end no later than 31 January 2017. The following transactions have been made under the programme in week 22: Number of Average purchase price, Amount, DKK shares DKK Accumulated last 311,946 114,583,242 announcement 30 May 2016 7,998 366.43 2,930,737 31 May 2016 4,000 366.54 1,466,178 1 June 2016 8,659 364.96 3,160,227 2 June 2016 6,355 364.83 2,318,465 3 June 2016 15,084 362.74 5,471,605 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Accumulated under the 354,042 129,930,454 programme Including these transactions, NKT owns a total of 431,467shares, corresponding to 1.77% of the share capital. Investor Relations contact Lasse Snejbjerg Vice President Tel. +45 2913 6607