The following information is based on a press release from Carlsberg A/S, (Carlsberg), dated May 15, 2008 and may be subject to change.

The board of Carlsberg has decided upon a rights issue (1:1), whereby shareholders are entitled to 1 new Carlsberg B share for every Carlsberg share held. The subscription price is set at DKK 400. OMX Derivatives Markets will carry out a re-calculation of options and futures in Carlsberg B.

Please see the attached file for further information.