The Share

The Duni share 2009

Closing price, SEK

Duni's share price more than doubled during 2009.

Performance and turnover

On November 14, 2007 Duni was listed on NASDAQ OMX Stockholm in the Midcap, Consumer Discretionary list with the ticker name "DUNI" and the ISIN code SE0000616716. The final share price was set at SEK 50 per share, entailing a market capitalization for Duni of SEK 2.35 billion. Since the listing, Duni's share price had increased by 17 percent up to December 31, 2009, entailing a market capitalization of SEK 2.75 billion at the end of 2009. During 2009, the closing price varied between a high of SEK 64.25 on December 2 and a low of SEK 24.90 on March 6. Earnings per share for the year were SEK 7.15 for continuing operations. During 2009, 16.7 million Duni shares changed hands, valued at SEK 741 m.

Number of shares and share capital

On December 31, 2009, Duni AB (publ) had 46,999,032 outstanding shares. Each share entitles the holder to one vote and to an equal share in the Company's assets and earnings. The quotient value is SEK 1.25 and the share capital is SEK 58,748,790.

Dividend policy and dividends

It is the intention of the Board of Directors that, in the long term, dividends shall amount to at least 40% of income after tax. However, when deciding whether to propose any dividend, consideration shall be given to Duni's possibilities for expansion, the need to strengthen the balance sheet, liquidity as well as financial position in general. The Board of Directors proposes to the annual general meeting that a dividend be paid of SEK 2.50 per share for the 2009 financial year.

External analyses were published by:

SEB Enskilda, Daniel Schmidt

ABG Sundal Collier, Christian Andersson

Handelsbanken Capital Markets, Andreas Lundberg

Further information about the Duni share is available on www.duni.com

Shareholder structure Dec. 31, 2009

	Number of shareholders	Number of shares	% of shares
1 – 500	2 672	608 241	1,29
501 – 2 000	920	927 216	1,97
2 001 – 10 000	154	701 142	1,49
10 001 – 50 000	46	1 074 015	2,29
50 001 – 100 000	19	1 372 598	2,92
100 001 –	49	42 315 820	90,04
Total	3 860	46 999 032	100,00

Data per share

Amount, SEK Dec. 31, 2009

No. of shares at end of period (thousands): 46 999

Average number of shares before and after dilution

for continuing operations (thousands): 46 999

Price on December 30: 58.50

Earnings per share before and after dilution: 7.15

- of which continuing operations: 7.15

Equity per share: 38.07

P/E-ratio: 8.18 per Dec. 31, 2009

Shareholders 2009-12-31	No of shares	% of shares
Mellby Gård Investerings AB	14 094 500	29,99 %
Polaris Capital Management, LLC	5 731 317	12,19 %
SEB Investment Management	3 182 306	6,77 %
Lannebo Fonder	2 902 000	6,17 %
JP Morgan Chase Bank, W9	2 203 506	4,69 %
SSB CL Omnibus AC OM05	1 994 400	4,24 %
Swedbank Robur fonder	1 720 800	3,66 %
Verdipapirfond Odin Sverige	1 542 626	3,28 %
SSB CL Omnibus AC OM07	1 535 581	3,27 %
Confederation of Swedish Enterprise	1 500 000	3,19 %

Total, the 10 largest owners
– in terms of holdings	36 407 036	77,46 %
Other shareholders	10 591 996	22,54 %
Total	46 999 032	100,00 %