In accordance with The Danish Securities Trading Act, Section 28a, TK Development shall give the following information about leading employees' and their closely related parties' transactions with TK Development A/S shares and related securities: Name: Jens Erik Christensen Cause: Member of the Supervisory Board Issuer: TK Development A/S ISIN code: DK 0010258995 Description: Shares Transaction: Purchase Trading date: 25 October 2010 Market: NASDAQ OMX Copenhagen Number: 10,000 shares Share price: DKK 258,392 Further information is available from Frede Clausen, President and CEO, TK Development A/S on tel. +45 8896 1010.