Exercise of warrants - increase of NKT Holding's share capital and changes in Articles of Association

Following requests from a number of employees to exercise their warrants from
the share option programme issued in 2005, the share capital of NKT Holding
will be increased by the issue of 15,500 shares of a nominal value of 20 DKK
each. The share capital will thus be increased by a total nominal amount of
310,000 DKK. 

The shares will be subscribed for based on warrants issued in 2005, as detailed
in NKT Holding's Stock Exchange Release No. 3 dated 6 January 2005. The
subscription price will be 190.50 DKK per nominal 20 DKK share. 

Following the increase in share capital, NKT Holding's registered share capital
will comprise a total of 23,737,979 shares of a nominal value of 20 DKK,
corresponding to a total nominal share capital of 474,759,580 DKK. 

The share capital will be registered in Article 3 of the Articles of
Association which are attached hereto and can be viewed at NKT Holding's
website www.nkt.dk 

Consequences
The new shares will convey right to dividend as from the date of registration
with The Danish Commerce and Companies Agency. The increase in capital
described above will not affect NKT Holding's forecast profits for 2010. 

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