Nasdaq Copenhagen
Nikolaj Plads 6
DK-1007 Copenhagen K

20 June 2016
Announcement No. 27

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 24:

                                 Number of  Average purchase price,  Amount, DKK
                                    shares                      DKK             
Accumulated last                   407,805                           149,341,238
 announcement                                                                   
13June 2016                         10,000                   345.40    3,454,042
14 June 2016                        10,000                   341.54    3,415,417
15 June 2016                        15,000                   343.43    5,151,497
16 June 2016                        15,600                   335.25    5,229,891
17 June 2016                         3,432                   335.10    1,150,053
--------------------------------------------------------------------------------
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Accumulated under the              461,837                           167,742,138
 programme                                                                      

Including these transactions, NKT owns a total of 539,262shares, corresponding
to 2.21% of the share capital. 

Investor Relations contact
Lasse Snejbjerg
Vice President
Tel. +45 2913 6607