The price of Chr. Hansen Holding’s shares was DKK 951 per share on August 31, 2005, representing a 133% year-on-year increase. Thus, the share price substantially outperformed the Copenhagen Stock Exchange all-share index (the KAX index) as well as the index of the most liquid shares (the OMXC20 index) and the shares of the MidCap+ index.

The volume of B shares traded during the period from September 1, 2004 to August 31, 2005 was 7.1 million with a total market value of DKK 5.3 billion. This corresponded to an average of DKK 21.1 million per trading day. The volume of B shares traded during the period from September 1 to October 31, 2005 was 3.0 million with a total market value of DKK 2.4 billion. This corresponded to an average of DKK 56.6 million per trading day.

October 14, 2005 was the first day the shares were traded ex the interim dividend, and the share price consequently dropped by approximately 40% to 572 on that day, corresponding to the value of the total interim dividend. At the end of October 2005 the share price closed at 585.

The Chr. Hansen Holding share (CHRH B) compared to MidCap+ and OMXC20

Indexed share price development, September 1, 2004 = 100