This is a notification of changes in the shareholdings of the company's management employees, who are obligated to give and pass on notifications, pursuant to the Danish Securities Trading Act. Bang & Olufsen a/s has been notified of the following transactions: Name Peter Eckhardt Reason Senior Vice President, Product and Business Development, in compliance with article 28a (2.2.) of the Danish Securities Trading Act. Issuer Bang & Olufsen a/s ISIN DK0010218429 Designation Shares Nature of Transaction Purchase Trading Date 15th of January 2008 Market OMX Nordic Exchange Copenhagen A/S Number 368 Market price (DKK) 123.832 Contact: Kim Bo Hansen Director, Global Counsel Phone +45 9684 5167