Capital
At 31 December 2008, the Company’s authorised capital was nominally DKK 58,956,257 divided into as many shares of DKK 1. All shares have the same rights and are not divided into classes.

William Demants og Hustru Ida Emilies Fond (the Oticon Foundation), Smørum, has notified the Company that it holds 55-60% of the share capital.

In 2008, the Company bought back 1,328,663 own shares at a total price of DKK 428 million. At 31 December 2008 the Company held 641,465 own shares (1.0% of the share capital).

Dividend
At the general meeting held on 26 March 2009 it was decided that all profits for the 2008 financial year be retained. In the Company’s opinion, the buyback of shares will provide the basis for a more dynamic planning of dividend policies. Consequently, we have in recent years bought back a considerable number of shares. However, in autumn 2008, the Company decided to temporarily suspend the buyback programme in the light of the global financial crisis and our wish to always have at our disposal considerable financial resources for any further expansion, which has, if viewed in isolation, limited the increase in Group's financial expenses.

Insider register
In accordance with the Danish Securities Trading Act, the Company is obliged to establish and maintain an insider register. The insider register includes a significant number of persons, who might, as a consequence of their attachment to the Company, have internal knowledge of the Group’s affairs - knowledge which could be of importance on trading in the Company’s shares. Persons entered in the insider register can only buy or sell the Company’s shares for a limited period after the Company’s reporting to the Copenhagen Stock Exchange. Such persons are also obliged to inform the Company of any purchase or sale of the Company’s shares. The total number of shares held by members of the Board of Directors, by the Executive Board and by employees constitutes approx. 2% of the share capital. About three fourths of the Group's around 5,500 employees are thus shareholders in the Company.

Trends in share prices - William Demant Holding
The William Demant Holding share is listed on the Copenhagen Stock Exchange and included in the OMXC20, which is composed of the 20 most traded shares at the Danish Stock Exchange

*Million shares, excluding own shares