13 April 2007

As at 13 April 2007, Anders Skipper has assumed the position of Executive Vice President/Chief Financial Officer of Aalborg Industries A/S in Aalborg, Denmark. His areas of responsibility are Group finance and Administration.

Anders Skipper is 39 years old and holds a M.Sc. in Business Administration and Auditing and has gained a wide international experience in financial management, among others from employment as auditor at the auditing firm KPMG, controller & finance director at York Refrigeration and during the past seven years at Vink Northern Europe as financial manager and CFO, responsible for finance, logistics and IT.

Anders Skipper succeeds Svend Ole Aagren who stays with the company as a Senior Adviser until the end of September 2007 when he retires.

Yours faithfully
Aalborg Industries

Jan Vestergaard Olsen
President/CEO