Share capital
The share capital is DKK 45.3 million divided into DKK 2.7 million A shares and DKK 42.6 million B shares.

The B share capital is quoted on the Copenhagen Stock Exchange. The B share capital is distributed on shares of a nominal value of DKK20 and at 30 September 2007 comprises 2,130,000 shares. The B shares are negotiable instruments issued to bearer but can be registered in the name of the holder in the Company’s register of shareholders.

The A shares carry 10 times the voting rights compared to the B shares.

The A shares are non-negotiable instruments.

Shareholders
All A shares are owned by Per og Lise Aarsleffs Fond.

As at 19 December 2007 Per Aarsleff A/S has the following shareholders who own more than 5% of the share capital or control 5% of the voting rights:

Arbejdsmarkedets Tillægspension, Hillerød
Forlaget Commodore ApS, Hellerup
Per og Lise Aarsleffs Fond, Åbyhøj - A shares
Per og Lise Aarsleffs Fond, Åbyhøj - B shares
Per Aarsleff A/S

As at 19 December 2007, 2,039 shareholders had been registered which equals approx. 71% of the share capital.

The voting rights at the general meeting are conditional on the shareholders, prior to the convening of the general meeting, having been registered in the company’s register of shareholders or having applied for registration and having documented the acquisition of shares.

Treasury shares
At the end of the financial year the holding of treasury shares amounts to 195,808 B-shares of a nominal value of DKK 3.9 million and an acquisition cost of DKK 49.2 million.

The market capitalisation of treasury shares at 30 September 2007 is DKK 150.7 million.

The holding of treasury shares has been acquired to increase the financial flexibility in connection with future acquisitions.

Market capitalisation
The market capitalisation of the company shares totalled DKK 1,593 million on 30 September 2007.

Dividends
With a view to approval at the coming Annual General Meeting, the Board of Directors of the Company proposes that a dividend be set at 24% which equals DKK 4.80 per share of DKK 20.