Dividends

Here is an overview of the dividends and payout ratio over the past five years.

For 2007 the supervisory board of H. Lundbeck A/S is proposing to pay out 30% of profit after tax as dividends.

According to Lundbeck's dividend policy, the company intends to pay dividends of 25-35% of the profit after tax.

	2003	2004	2005	2006	2007
Total dividends (DKKm)	414	517	477	333	531
Dividend per share (DKK) *	1.77	2.21	2.10	1.57	2,56
Pay-out ratio	30%	30%	30%	30%	30%

* Calculation based on a share denomination of DKK 5.

Dividends

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