Alm. Brand A/S - Announces invitation to holders of its outstanding DKK 900 million Tier 2 Capital Notes to tender any and all notes for repurchase

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL Alm. Brand A/S ("Alm. Brand" or the "Company") is inviting holders of its outstanding DKK 900 million Tier 2 Capital Notes, with ISIN DK0030487806 (the "Existing Notes") to tender for repurchase for cash any and all of its Existing Notes at the purchase price set out below, plus accrued and unpaid interest (the "Tender Offer"). Any repurchase by