Danske Invest - Europa 2 KL Stock

Danske Invest Europa Fokus, formerly Danske Invest Euro Stocks 50 (the Fund) is a Denmark-based investment fund. The Fund is engaged in making investments in the equities of primarily European companies. It also makes investments in the equities of companies bordering with Europe. As of March 31, 2012, most of its investments were located in Germany (26.51%), Spain (11.65%) and the Netherlands (10.49%). As of March 31, 2012, the Fund's investment portfolio included the equities of companies active in the sectors of industry (24.13%), durable consumer goods (15.51%) and energy (14.69%), among others and its investment portfolio included the equities of such companies, as Linde AG (5.28%), Novo Nordisk (5.04%), Koninklijke Vopak NV (4.6%) and Alfa Laval AB (4.55%), among others. Danske Invest Europa Fokus is a division of Investeringsforeningen Danske Invest, a Denmark-based investment organization.