Alm. Brand Pantebreve A/S
Impact of new tax rules on Alm. Brand Pantebreve A/S

Alm. Brand Pantebreve A/S / 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The implementation of Act No. 98 of 10 February 2009 to amend the Danish
Corporation Tax Act, the Danish Merger Tax Act and various other acts
(adjustment of the rules on interest deductibility restrictions etc.) has
introduced new rules relating to taxation of investment companies. 

The Board of Directors of Alm. Brand Pantebreve A/S has considered the wording
of the new act and does not find that it gives rise to a change of the
company's investment strategy. However, in light of the act, the Board of
Directors has considered the company's dividend policy. As a result, the Board
of Directors has decided to allow for distribution of dividends in the future.
However, dividends will only be distributed if the company's operations
generate a profit and if permitted by the risk scenario, gearing and other
factors. 

Please direct any questions regarding this announcement to Erik Møller, Senior
Vice President, on tel. +45 35 47 70 60 or to Henrik Nordam, Chairman, on tel.
+45 35 47 48 49 

Yours sincerely,

Alm. Brand Pantebreve A/S

Henrik Nordam	
Chairman

News Source: NASDAQ OMX

15.04.2009  Financial News transmitted by DGAP
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Language:     English
Issuer:       Alm. Brand Pantebreve A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010136969
WKN:          
 
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