On August 3, 2005, the following shareholders had notified the company pursuant to section 28(a) and (b) of the Danish Public Companies Act that they hold 5% or more of the company’s shares:

Shareholders holding 5% or more of the company's shares as at August 31, 2005
		A shares	B shares
	Registered office	No. of shares	No. of shares	Interest	Votes
LFI A/S	Hellerup, Denmark	919,620	2,649,130	35.2%	64.3%
The Danish Labour Market
Supplementary Pension
Fund (ATP)	Hillerød, Denmark	-	862,318	8.5%	4.7%
LD Pensions	Copenhagen, Denmark	-	648,997	6.4%	3.5%
Total major shareholders				50.1%	72.5%

As at November 1, 2005, Chr. Hansen Holding A/S had 6,210 registered shareholders, representing 81.5% of the share capital. Out of these, approximately 500 are foreign shareholders. The company estimates that a significant part of the remaining 18.5% of the share capital, which is unregistered, is held by investors outside Denmark. Management estimates that more than 70% of the B shares are held by institutional investors.

The divestment of the Ingredients Sector and the subsequent payment of the interim dividend in October caused a relatively large change in the composition of the shareholder base. Overall, the total number of shareholders is unchanged compared with last year.