Change in Insider Holdings of Shares in GN Store Nord as

COPENHAGEN, Denmark, June 4, 2003 (PRIMEZONE) -- GN Store Nord (Other OTC:GGNDF): Pursuant to the Danish Securities Trading Act follows notification of change in the shareholdings of GN's insiders.

  Securities   Trade    Holding,  Market   Insiders'   Total
     code       date     number    value    total      market
                                            holding,   value

 DK0010272632  2.6.2003  -8,652  247,447.20  441,328  12,282,158.0

 For further information, please contact:

 Peter Kruse
 VP Investor Relations

 GN Store Nord
 Tel.: (+45) 7211 1840

About GN Store Nord

GN Store Nord has helped people connect since 1869. Initially, as a telegraph company and now as a global market leader in personal communications providing increased mobility and quality of life for our customers. GN Store Nord develops and manufactures headsets for hands-free communication, hearing instruments and audiologic diagnostics. GN Store Nord products are marketed globally.