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Stock Exchange Release
Stock Exchange Release No.
12/03                                            18 June 2003



ISS completes employee share programme


ISS A/S has completed an employee share programme, under which
381,827 new ISS shares were subscribed for.


As announced in the Stock Exchange Release no. 29/02, the Board of
Directors of ISS A/S resolved to use an authorisation to launch an
employee share programme in the spring of 2003. This employee share
programme has now been completed.

Under the employee share programme all ISS employees with at least
three months' seniority were invited to subscribe for employee
shares. The subscription price was fixed at DKK 69 per share, equal
to one third of the average market price on the first five trading
days following the release of the annual results for 2002.

The maximum number of shares available for subscription was limited
to 400,000 shares. When the subscription period expired, it turned
out that the programme was over-subscribed by approximately 60%. In
accordance with the terms of subscription, the shares were allotted
equally by one share at a time to all eligible employees who had
subscribed for shares. Consequently, the number of allotted shares
was below 400,000 shares.

When the payment period expired, 381,827 new ISS shares were
subscribed and paid for, yielding gross proceeds of DKK 26.3 million.
After the issue of 381,827 new shares, the number of shares in ISS
A/S totals 44,309,894, equivalent to a share capital of DKK 886.2
million.

Further information:

Eric S. Rylberg
Chief Executive Officer

Karsten Poulsen
Chief Financial Officer

Tel: +45 38 17 00 00



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