Pursuant to section 29 of the Danish Securities Trading Act, cf. section 4(viii), cf. section 5(3), of the executive order on major shareholders, Schouw & Co. announces that the company's Board of Directors has received proxies from a number of shareholders to vote on their behalf at the annual general meeting to be held on April 20, 2010. On April 19, 2010, Schouw & Co's Board of Directors received proxies as a result of which the Board of Directors has at its disposal votes equivalent to more than 5% of the total voting rights at the annual general meeting. Accordingly, as of today, the Board of Directors has proxies in respect of 9.7% of the voting rights and 9.5% of the company's total share capital. After the close of the Annual General Meeting on April 20, 2010, the Board of Directors' authority to vote under the proxies received will lapse.