Aalborg, Denmark, 2012-06-06 09:26 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:               CER Holding Sweden AB

Cause:               Closely related to Ernst Michaelsen, member of the
Supervisory Board 

Issuer:               TK Development A/S

ISIN code:        DK0010258995

Description:     Shares

Transaction:    Sale

Trading date:  4 June 2012

Market:             NASDAQ OMX Copenhagen

Number:           1,100,000 shares

Share price:     DKK 14,850,000


         Contact details:
         TK Development A/S
         Frede Clausen, President & CEO
         Tel. +45 8896 1010