Exercise of warrants - increase of NKT Group share capital


OMX The Nordic Stock Exchange, Copenhagen


14 March 2008
Release #6

Exercise of warrants - increase of NKT Group share capital 
Following requests from a number of personnel to exercise their warrants from
the share option programmes issued in 2005, the share capital of NKT Holding
will be increased by the issue of 17,599 shares of a nominal value of 20 DKK
each. The share capital will thus be increased by a total nominal amount of
351,980 DKK. 

The shares will be subscribed for based on warrants issued in 2005, as detailed
in NKT's Stock Exchange Release No. 3 dated 6 January 2005. The subscription
price will be 167.8 DKK per nominal 20 DKK share. 

Following the increase in share capital, NKT's registered share capital will
comprise a total of 23,655,154 NKT shares of a nominal value of 20 DKK,
corresponding to a total nominal share capital of 473,103,080 DKK. 

The increase in share capital will be registered in Article 3 of NKT's Articles
of Association. 

Consequences
The new shares will convey right to dividend as from the date of registration
with The Danish Commerce and Companies Agency. As registration will take place
before NKT's annual general meeting on 10 April 2008 this means the shares will
convey right to dividend for the 2007 financial year. The amount proposed as
dividend by NKT's Board of Directors for approval at the annual general meeting
will thus be increased from 260,013,105 DKK to 260,206,694 DKK. 

The increase in capital described above will not affect the NKT Group's
forecast profits for 2008. 

Exercise of further warrants
The increase in share capital described above represents exercise of 16.4% of
the warrants available for exercise by NKT's employees during the current
exercise period ending on 15 April 2008. 

It is therefore considered that in the very near future it will be relevant to
implement a further increase of NKT's share capital as a result of potential
exercise of the 89,539 warrants still outstanding from 2003, 2004 and 2005. 

Questions
Please address any questions concerning the above to the undersigned on
telephone no +45 4348 2000.

Yours faithfully
NKT Holding A/S
Thomas Hofman-Bang
President and CEO