Divestment of EAC Nutrition (DK) to Royal Numico N.V. (NL) by The East Asiatic Company Ltd. A/S (DK) — DKK 9 billion

Carnegie acted as sole financial adviser to The East Asiatic Company Ltd. A/S in the divestment of EAC Nutrition to Royal Numico N.V. EAC Nutrition primarily produces and markets nutrition products tailored for children from birth to early adolescence. The cornerstones of the product range are Infant Formula and Follow-on products for infants who need a supplement to breast milk and Growing Up Milk products for children from 1 to 10 years.December, 2005.