egetæpper acquires 51% of the shares in Bentzon Carpets as of 1st May 2010. The acquisition is the first step in a generational handover of Bentzon Carpets. The three present shareholders continue as directors and minority shareholders of the company. Bentzon Carpets, originally founded in 1976 and since 2001carried on by the three present shareholders, produces and sells flat woven carpets to the domestic and professional market in Europe. Since 2001 egetæpper and Bentzon Carpets have had a close cooperation in the field of production and sales of flat woven carpets in Europe. As a natural consequence of this cooperation, egetæpper now takes an active share in the upcoming generational handover of Bentzon Carpets. The firm will continue as an independent company with focus on the same products, markets and customers that have been the company's business foundation through the years. In the financial year 2008/09 Bentzon Carpets showed a result of 18 DKK million before taxation, capital & reserves of 58.6 DKK million and an equity ratio of 69%. egetæpper acquires 51% of the shares at book value, plus a goodwill amount of 19 DKK million for the acquired shares. The price for the shares, which is expected to amount to approx. 50 DKK million, will be paid in cash. The remaining 49% of the company's shares will be acquired by egetæpper at book value no later than 1st May 2020. For the accounting year 2010/11 (1st May 2010 - 30st April 2011) Bentzon Carpets expect a surplus of 10 DKK million before taxation. In the first accounting year after the takeover the goup accounts are going to be adjusted for revaluation and internal profit on stocks according to IFRS. This is expected to amount to 4-5 DKK million. After adjustment of minority interests the group result is only expected to be affected positively by 1 DKK million before taxation. Expectations to the total group result before taxation for 2010/11 will be published in our annual report notification on 25th June 2010. Question in connection with this notification may be directed to the directors John Vestergaard or Svend Aage Færch Nielsen.