DEPUTY MANAGING DIRECTOR OF THE FUNDS, FRANK NORMAN LARSEN, HAS RESIGNED

Deputy Managing Director of IFU, IØ and IFV, Frank Norman Larsen, has resigned as at 31 December 2008.

As from 1 January 2009, Frank Norman Larsen, 59, will join Aalborg Portland Group as Vice President responsible for the Group’s activities in Asia and the Middle East.

Frank Norman Larsen has been Department Director in the Danish Funds since 1986 and Deputy Managing Director since 1995.