Investeringsselskabet Luxor A/S
Stock Exchange Announcement of 19 December 2013 and extract of Annual Report 1 October 2012 – 30 September 2013

Investeringsselskabet Luxor A/S 

20.01.2014 12:25

Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Announcement No 2 2013/14

The Supervisory Board of Investeringsselskabet Luxor A/S has today considered
and adopted the Company's Annual Report for 2012/13. 

Comments to the Annual Report:

  -- The Group's results before tax for the financial year show a profit of DKK
     14.4 million (DKK 0.5 million). After tax, the Group's profit amounts to
     DKK 10.3 million (DKK 1.1 million). The results are influenced by negative
     fair value adjustments and realised losses on securities of DKK 0.9 million
     (DKK -5.6 million) as well as positive fair value adjustments of debt to
     credit institutions, mortgage debt and interest swaps of DKK 6.6 million
     (DKK 0.7 million). The Group's results before tax are in accordance with
     the announcement of 22 November 2013.
  -- Basic earnings for the financial year decreased from DKK 8.6 million to DKK
     4.9 million. The decrease is primarily due to lower net interest on
     mortgage deeds and bonds.
  -- Net asset value per share in circulation is DKK 407.6 (DKK 397.3). 
  -- The Supervisory Board proposes to the General Meeting that dividend of DKK
     6.0 million (DKK 0.0 million) be distributed, corresponding to DKK 6.0 (DKK
     0.0) per share.
  -- For the coming financial year 2013/14, a profit before tax of DKK 12.0 -
     17.0 million is expected. The expected profit for the year includes basic
     earnings of DKK 12.0 - 16.0 million.

Fourth quarter of the financial year 2012/13:

  -- The Group's results before tax for the fourth quarter of the financial year
     2012/13 show a profit of DKK 8.4 million (DKK 7.6 million). After tax, the
     Group's profit amounts to DKK 6.1 million (DKK 6.1 million).
  -- The results for the quarter are influenced by net negative fair value
     adjustments and realised losses on securities of DKK -1.4 million (DKK 1.8
     million) as well as positive fair value adjustments of debt to credit
     institutions, mortgage debt and interest swaps of DKK 4.8 million (DKK -0.5
     million).
  -- Basic earnings for the quarter have increased from DKK 1.3 million in
     2011/12 to DKK 2.4 million in 2012/13. The increase is primarily due to
     lower negative fair value adjustment of credit risk on mortgage deeds.

For additional information concerning the Annual Report, please contact the
undersigned. 


         Svend Rolf Larsen, CEO
News Source: NASDAQ OMX



20.01.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Investeringsselskabet Luxor A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010213628
WKN:          
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------