The in Company release no. 37, 16 June 2010, mentioned charge against the Company relating to possible price manipulation, c.f. the Securities Trading Act § 39, paragraph 1, pursuant to § 38, paragraph 1, no. 2 and 4 and paragraph 2, no. 3, has today formally been extended, in relation to charges raised against two named individuals, who are not and have not at any point been employed by the Company, and whom the Company’s current management are unfamiliar with.
The charge relates to these two individuals’ trading in the Company’s shares during the period from early February 2008 to 23 May 2008.
The Company will, to the extend possible, assist the police investigation unit for Serious Economic Crime to solve the case and will grant the police full access to the Company’s archives.
The Company has not set aside any amounts for possible legal proceedings or fines in case of judgement passed against the Company, as the Company is of the opinion that it has not committed any criminal actions.
Kind regards
Tower Group A/S
Jens Erik Christensen
Chairman of the Board
Questions regarding this release can be directed to the chairman of the Board, Jens Erik Christensen, on tel.: +45 40 61 90 90.
