NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL Alm. Brand A/S ("Alm. Brand" or the "Company") is offering holders of the outstanding DKK tier 2 capital notes, as set out below (the "Notes"), to participate in a tender offer whereby the Company will repurchase Notes for cash up to a total nominal amount of DKK 400 million at the purchase price set out below, plus accrued and unpaid interest (the "Tender O ...