No. 5 2012 Exercise of options in Solar A/S

Solar A/S 

29.03.2012 10:59

Dissemination of a Adhoc News, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Under Section 28a of the Danish Securities Trading Act, Solar is required to
report any trading in Solar A/S shares and related securities of supervisory or
executive board members, Solar Management Team members and related parties. 

In 2009, the Supervisory Board granted share options to the Group CEO and
management team. 

The Group CEO's options are only exercisable in 2012; however, exercise must
take place within the first 10 banking days following the date of publication
of the company's 2011 annual report. The management team's options are
exercisable in 2012 and 2013; however, exercise must take place within the
first 10 banking days following the date of publication of the company's 2011
and 2012 annual reports, respectively. 

At the date of grant in 2009, the exercise price was fixed at DKK 148.53.
Settlement price in 2012 is determined at DKK 314.27. 

Solar announces the transactions below under ID code DK0010274844 Solar B based
on the reports the persons in question have given Solar. All transactions
relate to the exercise of share options (cash settlement). 



Name                Reason / relation              No.     Cash settlement in   
                                                            DKK                 
--------------------------------------------------------------------------------
Executive Board                                                                 
--------------------------------------------------------------------------------
Flemming H.         Group CEO                      10,099  1,673,808            
 Tomdrup                                                                        
--------------------------------------------------------------------------------
Solar                                                                           
Management Team                                                                 
--------------------------------------------------------------------------------
Lars Goth           Corporate Supply Chain         4,359   722,460              
                     Director                                                   
--------------------------------------------------------------------------------
Heidrun Marstein    Corporate HR Director          3,737   619,370              
--------------------------------------------------------------------------------
Søren Larsen        CED, Solar Danmark             6,847   1,134,821            
--------------------------------------------------------------------------------
Jan Willy Fjellvær  CED, Solar Norge               5,180   858,533              
--------------------------------------------------------------------------------
Frans Soulier       CED, Solar Nederland           5,772   956,651              
--------------------------------------------------------------------------------
Dariusz Targosz     CED, Solar Polska              1,380   228,721              
--------------------------------------------------------------------------------


Former member of the Solar Management Team
Former members of the Solar Management Team have exercised a total of 12,656
share options, equating total cash settlement of DKK 2,097,605. 

This means that 8,718 share options outstanding remain from the grant year 2009.


Yours faithfully
Solar A/S

Charlotte Risskov Kræfting



Solar facts
Solar A/S was established in 1919 and listed on the Copenhagen Stock Exchange
in 1953. Solar is one of Northern Europe's leading technical wholesalers within
electrical, heating, plumbing and ventilation products. The group based in
Kolding, Denmark, has subsidiaries in Denmark incl. the Faroe Islands, Sweden,
Norway, the Netherlands, Belgium, Germany, Poland and Austria. 

Furthermore, Solar owns Aurora Group, a leading Scandinavian distributor of
accessories for consumer electronics that operates in Denmark, Sweden, Norway
and Finland. In 2011, Solar Group revenue totalled EUR 1,532.4m, equating DKK
11.4bn. The group has approximately 3,600 employees. 

For further information, please visit: www.solar.eu.
News Source: NASDAQ OMX



29.03.2012 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      Solar A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010274844
WKN:          
 
End of Announcement                             DGAP News-Service
 
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