All change.. .again...

Dear Investors and friends,

Just to kill any rumors on the spot: I have today resigned from Capinordic as Chief Investment Officer, this as undramatic as can be, we agreed the business needs to have more of a Swedish focus meaning my role effectively should be out of Stockholm, and as much I love Sweden its still too far from the high taxes in Denmark ;-)

I have no plans as of now, and I am looking forward to running my own little Family Office over the summer and then see how thinks progress.

If any of you have any questions or comments feel free to write me on: jakobsst@gmail.com

I will continue to do my blog as per usual....

Normal blog resumes tomorrow....

Safe trading,

Steen

================ Official press release ============================

Capinordic A/S Company Announcement Structural adjustment
2009-05-19 12:12:10.177 GMT

           Capinordic A/S Company Announcement Structural adjustment

Translation
This text has been prepared in Danish and in English. In case of discrepancies,
the Danish text will prevail.

Company Announcement No. 8/2009

19 May 2009

Structural adjustment

Capinordic A/S has decided to increase its focus on utilizing the Swedish
business potential and at the same time to reduce the resource allocation in
Denmark.

The change in resource allocation will affect the Danish management team, and by
mutual agreement the below employees have chosen to resign their posts in
Capinordic A/S:

• Steen Jacobsen, CIO, Capinordic A/S
• Eric Frydenlund Michelsen, COO, Capinordic A/S
• Jesper Christiansen, CEO, Capinordic Capital A/S


Yours sincerely
Lasse Lindblad
Group CEO