TDC Accepts Court Ruling

COPENHAGEN -- TDC has decided not to appeal the judgment of the Eastern High Court regarding the provisions to the Articles of Association of compulsory redemption of the minority shareholdings in TDC. NTC has also decided not to appeal the verdict (see attached press release).

"We have now had some time to examine the judgment and have decided not to appeal the decision. The Eastern High Court has by lack of sufficiently certain statutory regulation regarding the provisions of the Articles of Association in respect of compulsory redemption weighted in favour of the minority shareholders. We accept the decision of the Eastern High Court and therefore see no point in bringing the case to the Supreme Court", says Gitte Forsberg, Senior Vice President and General Counsel of TDC.

At an extraordinary General Meeting in TDC on February 28, 2006 a majority of the shareholders voted in favour of amending the Articles of Association with a view to delisting TDC from the Copenhagen Stock Exchange. Subsequently ATP brought action against TDC and NTC regarding the validity of the amendments to the Articles of Association. At the same time TDC brought action against the Danish Commerce and Companies Agency ("DCCA"), as DCCA refused to register the provisions of the Articles of Association.

On June 13, 2007 the Eastern High Court found for ATP's and the DCCA's claims that the provisions in the Articles of Association are invalid and therefore cannot be registered with the DCCA.

"We want to put an end to the case so we can focus on providing the best products and services to our customers instead of spending too many resources on legal issues", says Jens Alder, President and CEO of TDC

TDC A/S (Copenhagen: TDC)