Release #5, sent to Copenhagen Stock Exchange 05.03.09.

The Board of Directors of NKT Holding has at its meeting today approved the NKT Annual Report for 2008
For 2008, NKT realized revenue of 13.8 bnDKK and income before tax of close on 592 mDKK. The Group’s results were therefore in accordance with the last earnings forecast, which was declared on December 2008.

Revenue increased by 303 mDKK in relation to 2007, corresponding to organic growth of 2%.

The operating income (EBIT) of 818 mDKK was influenced by one-off costs of around 135 mDKK relating to a number of structural initiatives. After adjustment for these items, operating income fell by 110 mDKK, corresponding to 10% against 2007.

For 2009, NKT has budgeted for a fall in the level of activity of around 10% in relation to 2008. Budgeted earnings for 2009 (EBITDA) are around 700-900 mDKK, excluding costs of around 150 mDKK relating to structural initiatives. The Group’s overall investment is budgeted at around 900 mDKK. With macroeconomic and financial market conditions as uncertain and volatile as is the case at present, our expectations reflect substantially greater uncertainty than normal.

The Annual Report has been released via NASDAQ OMX Copenhagen and is available on the NKT website, www.nkt.dk.

Further information
Please address any questions concerning the above information to Thomas Hofman-Bang, President and Chief Executive, NKT Holding A/S, on telephone +45 4348 2000.

Yours faithfully
NKT Holding A/S
Christian Kjær
Chairman of the Board of Directors