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published NOVEMBER 04, 2009

Kromann Reumert assists Fabrel AG, NeurosearchAccess Industries, TDC and Microsoft

Kromann Reumert has assisted Swiss investment company Fabrel AG in connection with its sale of the entire share capital of Schades A/S to Capidea, a Danish private equity fund. The Schades Group is the leading producer and supplier in Europe of paper rolls for cash registers, credit card terminals, and other payment systems. Deal value: N/A. Partner(s) involved: Poul Viggo Bartels Petersen Kromann Reumert has assisted Danish biopharmaceutical company NeuroSearch in con-nection with a rights issue announced by the company on Monday 19 October 2009. The net proceeds from the offering, which has been in the pipeline since April 2009, are ex-pected to amount to EUR 55.9 million if the offering is fully subscribed. Deal value: EUR 55.9 million if the offering is fully subscribed. Partner(s) involved: Christian Lundgren Kromann Reumert has assisted US-based industrial group Access Industries in its acquisi-tion of 65% of the share capital in Nordisk Mobiltelefon A/S from EnergiMidt A/S, which still holds 35%. Nordisk Mobiltelefon A/S provides mobile broadband in Denmark through a CDMA-based 3G network. Access Industries has already acquired Nordisk Mobiltelefon in Norway and Sweden. Deal value: N/A. Partner(s) involved: Torben Waage Kromann Reumert has assisted TDC A/S, a leading provider of communications solutions, in connection with a conditional sale of its 64% shareholding in Hungarian and Eastern European telecommunications group Invitel Holdings A/S, including TDC's subordinated loan of approximately EUR 34 million to the Invitel group. The transaction involves a ten-der offer for PIK notes issued by a company in the Invitel group as well as two senior sen-ior note issues by another company in the Invitel group. Invitel Holding’s shares are listed on NYSE Amex and its notes are listed in Luxemburg. Deal value: approximately EUR 34 million. Partner(s) involved: Christian Lundgren Kromann Reumert has assisted Microsoft in connection with its purchase of the retail in-dustry solution produced by global technology consulting company Columbus IT. The transaction is valued at approximately EUR 3.4 million plus an additional amount for further development of the software. Microsoft acquires the intellectual property rights in the retail software as part of the company’s strategy to enhance Dynamics AX, a comprehensive business management solution. Deal value: approximately EUR 3.4 million. Partner(s) involved: Torben Waage