Aalborg, Denmark, 2011-05-31 08:13 CEST (GLOBE NEWSWIRE) -- 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: Earlbrook Holdings Ltd. A/S Cause: Closely related to Jesper Jarlbęk, member of the Supervisory Board Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 30 May 2011 Market: NASDAQ OMX Copenhagen Number: 20,000 shares Share price: DKK 460,000. Contact details: TK Development A/S Frede Clausen, President & CEO Tel. +45 8896 1010