SOURCE: EuroTrust A/S

April 18, 2006 11:05 ET

EuroTrust Completes Acquisition of Aktiv Gruppen; ADRs to Be Traded on Nasdaq National Market

COPENHAGEN, DENMARK -- (MARKET WIRE) -- April 18, 2006 -- EuroTrust A/S (NASDAQ: EUROD) today announced the consummation of its acquisition of Aktiv Gruppen Holding A/S, a Danish wind energy and real estate development company. As of the close of business on April 17, EuroTrust's American Depositary Receipts ("ADRs") ceased being traded on the Nasdaq Small Cap Market. As of the opening of business today, Tuesday April 18, EuroTrust's ADRs will commence trading on the Nasdaq National Market under the EuroTrust trading symbol -- EURO. Each ADR will represent one ordinary share of EuroTrust. As a result of the acquisition, there will be approximately 28.6 million ordinary shares of EuroTrust outstanding. On Wednesday April 12, EuroTrust filed a form 6-K with the United States Securities and Exchange Commission which contained historical financial statements of Aktiv Gruppen as well as pro-forma financial statements for the combined companies.

Aktiv Gruppen is a Danish wind energy and real estate development business with revenues of approximately U.S. $63.1 million for its fiscal year that ended June 30, 2005. EuroTrust is a Danish media company with revenues of approximately U.S. $16.7 million for its fiscal year that ended December 31, 2004. EuroTrust expects to focus its future growth strategy on the renewable energy market sector.

Peter Juul, CEO of Aktiv Gruppen, said, "Our business model of leveraging property development revenues to acquire European wind energy turbine assets has already allowed us to establish a solid presence in the renewable energy market in Germany. The European Parliament has set a goal of satisfying no less than 22% of European electricity production from renewable energy sources by 2010. We believe that as part of EuroTrust, a U.S. publicly listed company, we will strengthen our ability to take advantage of this dynamic and growing market."

Aldo Petersen, EuroTrust CEO, said, "The combination of Aktiv Gruppen's strong balance sheet, profitability and European market presence with EuroTrust gives our shareholders a unique opportunity to participate in one of major growth markets of the future. We look forward to that future."

More information about EuroTrust and its subsidiaries is available at

Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause EuroTrust 's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, environmental factors that could impact wind energy turbines as well as general economic, political and labor conditions that might impact the operations of such installations. More information about potential factors that could affect the company's business and financial results is included in EuroTrust's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 20-F for the year ended December 31, 2004 and quarterly reports on Form 6-K. EuroTrust undertakes no obligation to update any of the forward-looking statements after the date of this press release.

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