Changes in the shareholdings af the company's management employees


This is a notification of changes in the shareholdings of the company's
management employees, who are obligated to give and pass on notifications,
pursuant to the Danish Securities Trading Act. 

Bang & Olufsen a/s has been notified of the following transactions:


Name:  Karl Kristian Hvidt Nielsen

Reason:  President, CEO, in compliance with article 28a (2.1.) of the Danish
Securities Trading Act 

Issuer:  Bang & Olufsen a/s

ISIN:  DK0010218429

Designation:  Shares

Nature of Transaction:  Purchase

Trading Date:  31st of October 2008

Market:  OMX Nordic Exchange Copenhagen A/S

Number:  2.797

Market price (DKK):  346.828



Kim Bo Hansen
Director, Global Counsel



For any further information, please contact:
Director, Global Counsel Kim Bo Hansen, tel.: +45 9684 5167.

Attachments

031108_kal_uk.pdf