Impact of Aladdin Investment Services Ltd.'s exit from

Europeinvestment A/S
CVR no. 10435013
c/o Inwema ApS
Kongevejen 53, DK-2840  Holte
Telephone:  0046 8 20 92 70

Stock Exchange Notification 2008-03-07

Re.: Impact of Aladdin Investment Services Ltd.'s exit from Europe Vision Plc

Reference is made to the notification from Europeinvestment A/S dated 4 March
2008 in which it was notified that Europe Vision Plc, the UK studio-to-screen
media company which Europeinvestment A/S holds 24.92 % of the shares of, has
notified that it proposes to convert approximately € 40 million of debt into
shares at a price of GBP 0.25 per share. 

It was also notified that the proposal was made in connection with an agreement
in principle between Aladdin Investment Services Ltd. (“Aladdin”) of the one
part, Europe Vision Plc of another part and an investment fund called Alpha
Securities of the final part. 

By this notification, the Board of Directors will report on the impact of the
notification from Europe Vision Plc on Europeinvestment A/S. 

1. Agreement in principle

It was notified that the agreement with Alpha Securities has been reached “in
principle”. The notification will only have an impact on Europeinvestment A/S
if the agreement with Alpha Securities becomes final. The description in the
following assumes that the agreement with Alpha Securities becomes final. 

2. Europeinvestment A/S's possibility to sell its shares in Europe Vision Plc

Prior to the notification from Europe Vision Plc being published,
Europeinvestment A/S has been in contact with several banks, including Arner
Bank, in order to determine whether they were able to place Europeinvestment
A/S's shares in Europe Vision Plc to a third party. The response from Arner
Bank was that they for the time being did not have a buyer for the shares.
Since Arner Bank has now been able to place shares in Europe Vision Plc to
Alpha Securities, Europeinvestment A/S will reassume its contacts with Arner
Bank in order to determine whether the investment fund has an interest in
offering to buy shares in Europe Vision Plc from Europeinvestment A/S. 

The Board of Directors of Europeinvestment A/S find that an investment fund
such as Alpha Securities taking over a controlling shareholding in Europe
Vision Plc can be expected to increase the chances of Europeinvestment A/S
being able to sell its shares in Europe Vision Plc. 

3. Europeinvestment A/S's view on the proposal to convert at GBP 0.25 per share

A conversion at a price of GBP 0.25 per share will be effected at a price which
is lower than the equity value of the shares in Europe Vision Plc based on
Europe Vision Plc.s annual accounts and which is also somewhat lower than the
price of GBP 0.30 per share at which the Europeinvestment A/S valued its shares
in Europe Vision Plc in its annual report for 2007. 

Regardless of this fact, the Board of Directors of Europeinvestment A/S
believes that the proposal is beneficial to Europeinvestment A/S, for the
following reasons: 

1) Before the conversion, Europe Vision Plc had a debt of approximately € 45
million. The conversion of approximately € 40 million debt to equity will
strengthen the balance sheet as well as improving cashflow through the
reduction of interest cost.  The financing risks of Europe Vision Plc are thus
limited by the conversion. 
 
2) If the proposal is carried out, a controlling shareholding will be owned by
a capital fund instead of by Aladdin, which is expected to be beneficial to the
goodwill of Europe Vision Plc. and the possibility for Europe Vision Plc to get
more trading in its shares. 

Europeinvestment A/S will thus vote in favour of the proposal.

4. The conversion price and the impact on the value of Europeinvestment A/S'
shareholding in the Plc 

For the reasons stated in item 3 above, Europeinvestment A/S believes that the
conversion of the debt is beneficial to Europeinvestment A/S. The notification
thus does not cause the Board to change its views on the realistic net proceeds
to be received from a sale of the shares in Europe Vision Plc. 

5. Impact on agreements with Europe Vision Plc regarding investment
opportunities and a film fund 

The existing agreements between Europeinvestment A/S and Europe Vision Plc will
remain in force unchanged after Aladdin's exit. Furthermore, Europe Vision Plc
and its new controlling shareholder have not notified any change in the plans
for Europe Vision Plc. The agreements will thus not have any impact on the
agreements between Europeinvestment A/S and Europe Vision Plc. 

6. Plans of Aladdin

Aladdin has informed Europeinvestment and Europe Vision Plc that it also
intends to exit from its ownership in Europeinvestment A/S. For the time being,
Aladdin does, however, remain a major shareholder in Europeinvestment A/S. It
is not possible to determine what impact an exit of Aladdin from its investment
in Europeinvestment A/S may have on Europeinvestment A/S before any agreements
have been notified. 


Questions may be made to managing director Kenneth Dundas at telephone + 46 8
20 92 70. 

Europeinvestment A/S