TK Development A/S - rights issue, admission to trading and official listing of subscription rights


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|                                      |             Copenhagen, 5 August 2010 |
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TK Development A/S - rights issue, admission to trading and official listing of 
subscription rights                                                             

Subscription rights in TK Development have been admitted to trading and official
listing on NASDAQ OMX Copenhagen as per 9 August 2010. As at the same date,     
DK0010258995 (TKDV) will be traded exclusive of subscription rights.            

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| ISIN:                                 | DK0060238350                         |
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| Name:                                 | TK Development, T-ret                |
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| Proportion:                           | 1:2. Shareholders in TK Development  |
|                                       | will have the right to subscribe for |
|                                       | 1 new share per 2 existing shares    |
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| Trade in subscription rights (both    | 9 August - 20 August 2010            |
| days included):                       |                                      |
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| Short name:                           | TKDV T                               |
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| Orderbook ID:                         | 76804                                |
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TK Development makes a rights issue of 14,021,905 new shares, each bearing a    
face value of                                                                   
DKK 15. Subscription price is fixed at DKK 15 per share of DKK 15. Subscription 
period: 12 August - 25 August 2010, both days inclusive.                        

Please note:                                                                    
Subscription of new shares from the rights issue will take place in a temporary 
ISIN (DK0060238277) which will not be admitted to trading and official listing  
on NASDAQ OMX Copenhagen. The new shares from the rights issue will be traded in
the existing ISIN DK0010258995 after the registration of the new shares with the
Danish Commerce and Companies Agency. The change is expected to be implemented  
on NASDAQ OMX Copenhagen per 31 August 2010.                                    

Resolution passed at the general meeting held on 1 July 2010 regarding reduction
of the company's nominal share capital by reducing face value of the shares from
DKK 20 to DKK 15 is also expected to be implemented on NASDAQ OMX Copenhagen per
31 August 2010 after registration of the new Articles of Association with the   
Danish Commerce and Companies Agency                                            

For further information, please see the prospectus and announcements published  
by the company.                                                                 

For further information, please contact: Asta Jepsen, Surveillance, tel. +45 33 
93 33 66

Pièces jointes

tkd - t-retter - uk.pdf
GlobeNewswire