Press release

Henrik Poulsen to step down as President and CEO of TDC A/S in order to become President and CEO of DONG Energy

Henrik Poulsen to step down as President and CEO of TDC A/S in order to become President and CEO of DONG Energy

<p>Henrik Poulsen assumed the position as President and CEO of TDC in November 2008 and has since then contributed to its transformation into a strong company during a challenging economic period.</p> <p>Vagn Sørensen, Chairman of TDC's Board of Directors states: "The board of directors wish Henrik the best of success with his coming position, and wish to acknowledge the strong contribution, he has made to TDC. In the midst of a global financial crisis and in a Danish telecom market characterised by head-on competition, TDC has during his leadership been successful in strengthening the performance of the company. He will hand over a company, which is acknowledged throughout Europe as one of the absolutely strongest telcos".</p> <p>"TDC has in the last couple of years brought a strong suit of new and innovative products to market, and a significant growth has been achieved in the Nordic business market as well as within pay-tv. Through the acquisition of smaller companies such as Fullrate and Onfone TDC has been transformed into a multi brand group. The TDC group has also achieved strong progress in customer satisfaction as well as in productivity" continues Vagn Sørensen.</p> <p>Henrik Poulsen explains: "I have decided to accept the position at DONG Energy because I consider this an uncommonly interesting challenge. DONG Energy is one of the leading companies within offshore wind power and assumes a central position in Denmark's transformation into green energy."</p> <p>"However, I will miss my 10,000 colleagues within TDC and the strong engagement and competencies, which characterise the employees of TDC. TDC is a very strong company and the outlook for the company is good. Furthermore TDC has a senior management team with considerable strength and experience, and I am highly confident that TDC will continue to perform very well", Henrik Poulsen adds.</p> <p>The Board of Directors of TDC will now initiate the search for a successor for Henrik Poulsen, a search which will include internal as well as external candidates.</p> <p>For more information:<br />TDC press, tel. +45 70 20 35 10<br />Dong Energy, tel. +45 99 55 95 52</p>

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