26 May 2011
Trading report No. 04/2011
In accordance with Section 28(a) of the Danish Securities Trading Act, Topdanmark is required to publish details of the transactions in Topdanmark's shares and related securities effected by senior management and their connected persons.
The following has been reported to Topdanmark:
| Name: | Desirée Schultz |
| Reason: | Member of the Board of Directors |
| Issuer: | Topdanmark A/S |
| ISIN code: | 1025953 |
| Designation: | Shares |
| Transaction: | Sale |
| Trade date: | 25 May 2011 |
| Market: | Nasdaq OMX, Copenhagen |
| Number: | 72 |
| Share price in DKK: | 67,934 |
Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Mobile: +45 4025 3524