Tivoli A/S held an extraordinary annual general meeting 26 November 2008 with the agenda below. The proposal to change the financial year was adopted. Thus, the company's financial year will in future follow the calendar, and the current financial year will run from 1 April - 31 December 2008. Best regards T I V O L I Lars Liebst CEO Contact: Vice President, HR & Communications, Stine Lolk (+45 33 75 03 38) Tivoli A/S Extraordinary General Meeting The company's Extraordinary General Meeting will be held on Wednesday, 26 November 2008 at 11.00 in the Glass Hall in Tivoli, Vesterbrogade 3, 1630 Copenhagen V. Access to the Glass Hall will be through the Gardens' main entrance. AGENDA 1. Proposal to change the company's financial year and thus Article 23. 2. Any other business. The amendment to the Articles of Association requires that minimum 2/3 of the votes cast as well as of the voting stock represented at the General Meeting vote in favour of this. The agenda and the complete proposals will be made available for inspection by shareholders at Tivoli's offices, Vesterbrogade 3, 1630 Copenhagen V, eight days prior to the General Meeting. The material will be sent out to registered shareholders of the company as well as other shareholders who have so requested. The company's share capital is DKK 57,166,600 divided into shares of DKK 10 or multiples thereof. Each share of DKK 10 gives entitlement to one vote. Shareholders have the right to vote at the General Meeting if they have had their shares registered in the shareholder register, or otherwise made known or documented their ownership of shares, and if they have requested an entrance ticket and a voting slip no later than five days prior to the General Meeting. For shares acquired by transfer, the voting rights are however further conditional upon the shareholder having had the shares registered in the register of shareholders or otherwise made known or documented the acquisition at the time of the General Meeting being called. Entrance tickets and voting slips can be requested from VP Investor Services A/S, phone (+45) 43 58 88 66, or on the Internet, www.vp.dk/gf, up to and including 21 November 2008 at 12.00. Entrance tickets and voting slips will be sent out upon receipt of requests. If you are prevented from attending the General Meeting, you can grant proxy voting powers to cast the votes associated with your shares. If you wish to grant proxy voting powers, please sign, date and return the enclosed proxy form so that VP Investor Service A/S receives it no later than Friday, 21 November 2008 at 12.00. As this is an Extraordinary General Meeting to change the financial year, food will not be served at the end of the General Meeting. Copenhagen, 3 November 2008 The Supervisory Board Tivoli A/S Complete proposal as at 30 October 2008 for the Extraordinary General Meeting in Tivoli A/S Wednesday, 26 November at 11.00 in the Glass Hall in Tivoli. Item 1. Proposal for changing the company's financial year In connection with Scandinavian Tobacco Company A/S' sale of House of Prince, etc. to British American Tobacco, Chr. Augustinus Fabrikker Aktieselskab acquired a controlling interest in Skandinavisk Holding A/S. Skandinavisk Holding A/S is the majority shareholder in Skandinavisk Tobakskompagni A/S, which holds 31.8 per cent of the share capital and voting rights in Tivoli A/S. Chr. Augustinus Fabrikker Aktieselskab itself holds 25.4 per cent of the share capital and voting rights in Tivoli A/S and thus has direct and, through Skandinavisk Tobakskompagni A/S, indirect ownership of 57.2 per cent of the share capital and voting rights in Tivoli A/S. Tivoli A/S' financial year runs from 1 April to 31 March. As a consequence of Chr. Augustinus Fabrikker Aktieselskab's direct and indirect share of the share capital and voting rights in Tivoli A/S, the companies are obliged under the Danish Financial Statements Act to have the same financial year. It has therefore been decided to change Tivoli A/S' financial year to follow Chr. Augustinus Fabrikker Aktieselskab's financial year, which is the calendar year. In the light of this the Supervisory Board proposes to amend the company's Article 23 as follows: ”Article 23. The company's financial year shall run from 1 January to 31 December, always provided that the company's first financial year after the adoption at the General Meeting in 2008 shall run from 1 April to 31 December.” The amendment to the Articles of Association requires that minimum 2/3 of the votes cast as well as of the voting stock represented at the General Meeting vote in favour of this. Copenhagen, 3 November 2008 The Supervisory Board Tivoli A/S