Company announcement 6 / 2008



25 April 2008

General Assembly

The company's General Assembly on the 25th April 2008, had the following agenda:
 
1.	Appointment of Chairman of the Meeting
2.	The Boards report.
3.	Presentation of the audited annual report for approval.
4.	Decision regarding use of the corporate profit according to the approved
annual report. 
5.	Consideration of accepted proposals.
A. Proposal from the Board regarding changes to the Company's Articles of
association. 
The essential contents of the proposed changes in the Articles are as follows:
- Adjustment of the objects clause of the Company in order for this to be
geared to the current activities of the Company. The wording of § 2 will be as
follows: 
”The object of the Company is to manage professional sport, primary soccer and
associated businesses, among others trading, service and investments, to be
naturally made jointly with professional sport. 
Additionally it is the object of the Company to offer services within the
leisure industry, among others holding concerts and congresses, shot term
vacations et cetera as well as operating and investing in the leisure industry
moreover and every therefrom diverted business. Finally it is the object of the
Company to combine the objects mentioned above, including operating fitness
centers and other combinations of sports- and leisure activities.” 
- § 11 of the Articles of Association is changed in order to allow a expansion
of the Board, henceforth the Company is to be headed by a Board of 5 - 10
members. 
B: Proposal from the Board regarding approval of general guidelines of
incentive salary of management and chairmann of the Board. The proposal of the
Board will be issued to the shareholders registrered by name. As a consequence
of the Companies act § 69b the general guidelines must be considered and
approved by the general assembly. If the General assembly approves the
guidelines as suggested by the Board the following clause, which do not require
a distinct approval, will be put in the Company's Articles of Association as §
13a: 
”General guidelines regarding incentive salary of chairmann of the Board and
management have been made. The guidelines has been approved by the general
assembly and are published on the homepage of the company.” 

C: Proposal that the Board shall be authorized to buy the Company's own shares
with up to 10% of the share capital. 
According to § 7 of the Articles of Association, in order to decide on the
proposals mentioned under 5.a, ¾ of the share capital must be represented on
the general assembly and the proposals must be decided by ¾ of the votes as
well as ¾ of the share capital represented on the general assembly. 
      6.	Election of members to the Board.
	All members of the Board accept renomination.
7.	Election of auditors
8.   Any other business

The Boards report, the annual report and use of the corporate profit according
to the approved annual report were approved (item 2, 3 and 4). 

The Supervisor Board's proposal for changes in the company's articles of
association was approved (item 5a and 5b). 
 
Proposal for authorization for the Supervisor Board to purchase shares up to
10% of the share capital, approved (item 5c) 

Former chairman of LO Hans Jensen was elected as a new member of the Supervisor
Board. The Supervisor Board was apart from this re-elected (item 6). 

KPMG C. Jespersen was re-elected (item 7).


Philip Nyholm
Chairman of the meeting