OMX Copenhagen Stock Exchange
Announcement no. 10/2007
Settlement reached in the dispute with KPMG Meijburg & Co B.V.
Copenhagen, April 13, 2007. Maconomy and Dutch KPMG Meijburg & Co B.V. have
reached an out of court settlement in the long running business dispute about
delivery of a standard financial solution. The parties have agreed to withdraw
all claims and the mutual bank guarantees of EUR 1.3 million (DKK 9.8 mil-lion)
have been cancelled. Maconomy will pay an amount of € 50.000 in consideration
of the return of its software licenses and materials.
This settlement does not change Maconomy's financial expectations for 2007.
Hugo Dorph
CEO
For further information:
Hugo Dorph Ulrik Christensen
CEO CFO
Tlf. +45 35 27 24 24 Tlf. +45 35 27 23 67
E-mail: ir@maconomy.com E-mail: ir@maconomy.com
This announcement has been prepared in Danish and English. The Danish version
is to be considered the original version for official purpose and in case of
any discrepancies between the two versions the Danish version shall prevail.
