Quarterly Reports 2007

Highlights 3rd quarter 2007

Revenue rose by 14% to DKK 6.2 billion. Adjusted for acquisitions the rise was 5%
Operating profit before depreciation (EBITDA) rose by 19% to DKK 1.1 billion
Pre-tax profit improved by 18% to DKK 447 million
ROIC improved to 9.7% from 9.0%
Significant improvement in free cash flow to DKK 822 million
Broadly based progress in freight activities despite slowdown of market growth
Higher cost level impacts profit of passenger activities
The full year profit expectation is still a pre-tax profit of approximately DKK 500

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