The proposals submitted by the Board of Directors were adopted, which means
that the general meeting authorised the Board of Directors to increase the
Company's share capital and to abolish the Company's share classes immediately
following such increase. 

At the extraordinary general meeting held today, the general meeting adopted
the proposal to authorise the Board of Directors of Bang & Olufsen to increase
the Company's share capital in one or more stages in the period until 31
December 2009 by a nominal amount of up to DKK 250,000,000, provided, however,
that the first exercise of the authority must be for a minimum nominal amount
of DKK 30,000,000. The capital increase will be effected by cash subscription
with a preferential subscription right for the existing shareholders. Shares
issued in accordance with the authorisation must be class B shares. 

In the event that a capital increase of a minimum nominal amount of DKK
30,000,000 is effected in accordance with the authorisation, the general
meeting has authorised the Board of Directors to effect a reverse split of the
Company's class A shares and class B shares into one share class imme-diately
following registration of such capital increase. This means that, following a
reverse split, only one share class will exist at Bang & Olufsen, and all such
shares must be negotiable instruments issued in the name of the holder and
registered by name in the Company's register of shareholders. In the event of a
reverse split, the Company's Articles of Association will be amended
accordingly. 

The Board of Directors decided to postpone its proposal to introduce electronic
communication between the Company and its shareholders until the next annual
general meeting. 

The general meeting also decided to adopt the proposal to amend a number of the
provisions in Bang & Olufsen's Articles of Associations. These amendments are
not subject to the capital increase being carried out, but will take effect as
of today. The amendments to the Articles of Associations will, among other
things, impact the way general meetings are convened, the length of notice
given for convening general meetings, the appointment of the chairman of the
general meeting, the conduct of the general meeting and cancellation of the
provision relating to the Board of Directors' possibility of emoluments. 




Jørgen Worning                              Karl Kristian Hvidt Nielsen
Chairman of the Board of Directors	      President & CEO