Disclosure of transactions in shares and related securities in Dalhoff Larsen & Horneman A/S conducted by executives

In accordance with section 28a of the Danish Securities Trading Act we hereby publish disclosures on transactions in shares by Dalhoff Larsen & Horneman A/S conducted by executives of the company and their related parties.

The statement is based on disclosures made by the company’s executive:

Name                                 Kristian Kolding

Reason                               Deputy Chairman of the Supervisory Board

Issuer                                Dalhoff Larsen & Horneman A/S

ID code                              DK0060038933

Designation                        Shares

Transaction                        Acquisition

Trading date                       24 May 2012

Market                               NASDAQ OMX Copenhagen A/S

Number of shares               20,000

Market value in DKK            97,400

         For further information about this announcement, please contact President/CEO Kent Arentoft on tel: +45 4350 0101.