31-12-2010 30-06-2011 Værdipapir Valuta Antal/nom Valutakurs Kurs Kursværdi Antal/nom Valutakurs Kurs Kursværdi

Halvårsrapport beholdning DANSKE INVEST ENGROS FLEXINVEST AKTIER Urevideret specifikation af børsnoterede finansielle instrumenter jvf. 42 stk. 2 i Bekendtgørelse om finansielle rapporter for investeringsforeninger og specialforeninger m.v. 31-12-2010 30-06-2011 Værdipapir Valuta Antal/nom Valutakurs Kurs Kursværdi Antal/nom Valutakurs Kurs Kursværdi Investeringsforeninger fra danske udstedere D.I. Engros USA DKK 4.377.132 100,000 133,843 585.848.855 6.955.744 100,000 117,108 814.572.343 DI Europa Small Cap DKK 1.302.758 100,000 194,598 253.513.584 1.302.758 100,000 185,660 241.870.190 DI GEM Solution DKK 0 1.491.795 100,000 99,462 148.376.392 DI Nye Markeder Small Cap DKK 448.001 100,000 158,239 70.891.427 462.425 100,000 140,664 65.046.653 Danske Invest Japan DKK 3.504.620 100,000 78,324 274.495.513 4.412.620 100,000 69,708 307.596.106 Danske Invest Teknol DKK 1.360.000 100,000 44,863 61.013.926 1.600.000 100,000 44,077 70.523.131 Danske Invest USA DKK 9.208.929 100,000 61,286 564.382.622 9.745.000 100,000 59,678 581.560.473 Engros Emerging Markets DKK 526.000 100,000 375,142 197.324.678 261.000 100,000 340,434 88.853.255 I alt i DKK 2.007.470.605 2.318.398.543 I alt for investeringsforeninger fra danske udstedere 2.007.470.605 2.318.398.543 Noterede aktier fra danske udstedere A.P. Møller - Mærsk A DKK 2 100,000 49.140,000 98.280 2 100,000 42.560,000 85.120 A.P. Møller - Mærsk B DKK 1.779 100,000 50.510,000 89.857.290 2.156 100,000 44.360,000 95.640.160 Arkil Holding DKK 2.566 100,000 528,000 1.354.848 3.166 100,000 500,000 1.583.000 Bavarian Nordic DKK 28.303 100,000 245,000 6.934.235 124.967 100,000 66,000 8.247.822 Carlsberg B DKK 84.824 100,000 558,500 47.374.204 114.334 100,000 559,500 63.969.873 Chr. Hansen Holding DKK 0 88.536 100,000 122,000 10.801.392 Coloplast B DKK 16.394 100,000 758,000 12.426.652 24.094 100,000 781,000 18.817.414 D S Norden DKK 21.050 100,000 202,500 4.262.625 23.058 100,000 177,100 4.083.572 DSV DKK 644.333 100,000 123,300 79.446.259 792.255 100,000 123,300 97.685.042 Danisco DKK 35.233 100,000 510,000 17.968.830 0 Danske Bank DKK 584.802 100,000 143,000 83.626.686 720.619 100,000 95,250 68.638.960 Exiqon DKK 301.171 100,000 9,500 2.861.125 312.214 100,000 13,100 4.090.003 FLSmidth & CO DKK 43.300 100,000 532,000 23.035.600 68.700 100,000 436,800 30.008.160 GN Store Nord. DKK 286.314 100,000 50,850 14.559.067 385.814 100,000 49,520 19.105.509 Genmab DKK 1.479 100,000 65,500 96.875 1.479 100,000 40,000 59.160 H. Lundbeck DKK 39.100 100,000 106,000 4.144.600 17.700 100,000 135,300 2.394.810 Jyske Bank DKK 49.992 100,000 259,000 12.947.928 67.239 100,000 203,100 13.656.241 NKT Holding DKK 16.375 100,000 297,200 4.866.650 37.975 100,000 328,600 12.478.585 NeuroSearch DKK 76.160 100,000 95,000 7.235.200 108.095 100,000 45,000 4.864.275 North Media AS DKK 34.190 100,000 36,000 1.230.840 54.190 100,000 35,700 1.934.583 Novo Nordisk B DKK 385.290 100,000 629,000 242.347.410 554.079 100,000 645,500 357.657.995 Novozymes DKK 26.890 100,000 777,000 20.893.530 35.090 100,000 837,000 29.370.330 Pandora DKK 71.422 100,000 336,000 23.997.792 180.854 100,000 161,600 29.226.006 Per Aarsleff B DKK 4.650 100,000 415,000 1.929.750 4.650 100,000 446,000 2.073.900 Roblon DKK 342 100,000 670,000 229.140 342 100,000 620,000 212.040 Rockwool International B DKK 5.250 100,000 695,000 3.648.750 5.250 100,000 628,000 3.297.000

Solar Holding B DKK 7.819 100,000 424,000 3.315.256 8.819 100,000 371,000 3.271.849 Sydbank DKK 36.668 100,000 151,300 5.547.868 47.818 100,000 114,800 5.489.506 TDC DKK 0 145.847 100,000 46,940 6.846.058 Topdanmark DKK 9.556 100,000 737,500 7.047.550 16.000 100,000 960,000 15.360.000 Topsil DKK 376.000 100,000 1,470 552.720 421.000 100,000 0,980 412.580 Tryg DKK 95.899 100,000 257,500 24.693.993 106.049 100,000 296,700 31.464.738 Vestas Wind Systems DKK 151.650 100,000 176,100 26.705.565 198.950 100,000 119,500 23.774.525 William Demant Holding DKK 10.114 100,000 412,000 4.166.968 13.114 100,000 464,200 6.087.519 I alt i DKK 779.404.085 972.687.727 I alt for noterede aktier fra danske udstedere 779.404.085 972.687.727 Noterede aktier fra udenlandske udstedere Caltex Australia AUD 0 32.820 550,781 11,760 2.125.812 Fortescue Metals AUD 61.860 569,433 6,540 2.303.722 79.930 550,781 6,350 2.795.519 Newcrest Mining AUD 9.820 569,433 40,440 2.261.336 12.680 550,781 37,710 2.633.629 OZ Minerals AUD 193.010 569,433 1,720 1.890.387 24.619 550,781 13,200 1.789.877 Rio Tinto Inc. AUD 4.670 569,433 85,470 2.272.862 6.030 550,781 82,990 2.756.271 BHP Billiton Ltd AUD 8.950 569,433 45,250 2.306.132 11.560 550,781 43,800 2.788.758 I alt i AUD 11.034.439 14.889.866 Agnico-Eagle Mines CAD 4.650 559,012 76,600 1.991.144 6.010 533,064 60,980 1.953.625 Barrick Gold CAD 7.240 559,012 53,120 2.149.897 9.360 533,064 43,790 2.184.892 Fairfax Financial (CAD) CAD 1.180 559,012 408,990 2.697.837 0 First Quantum Minerals CAD 3.990 559,012 108,000 2.408.894 5.160 533,064 140,620 3.867.907 Goldcorp CAD 8.290 559,012 45,880 2.126.175 10.710 533,064 46,650 2.663.302 Kinross Gold CAD 21.260 559,012 18,910 2.247.376 27.470 533,064 15,230 2.230.169 Magna International CAD 0 31.170 533,064 52,150 8.665.036 Saputo inc. CAD 5.320 559,012 39,580 1.177.087 6.420 533,064 46,510 1.591.698 Silver Wheaton CAD 10.110 559,012 38,980 2.202.997 13.060 533,064 31,830 2.215.946 Teck Resources CAD 7.180 559,012 61,790 2.480.068 9.280 533,064 49,020 2.424.938 Telus Corp. Non Vote CAD 13.110 559,012 43,250 3.169.639 0 Yamana Gold CAD 32.150 559,012 12,770 2.295.054 41.540 533,064 11,260 2.493.355 I alt i CAD 24.946.167 30.290.868 ABB Ltd. CHF 0 4.920 610,998 21,800 655.332 Aryzta AG CHF 10.900 595,955 43,150 2.802.987 0 Baloise CHF 86.335 595,955 91,000 46.821.147 112.309 610,998 86,750 59.528.309 Gategroup Holding CHF 0 52.497 610,998 37,100 11.900.026 Holcim CHF 100.102 595,955 70,650 42.147.195 24.987 610,998 63,450 9.686.910 Kuehne & Nagel Int. CHF 53.984 595,955 130,000 41.823.673 59.168 610,998 127,600 46.129.322 Nestlé CHF 0 150.112 610,998 52,250 47.922.692 Roche Holding Gs. CHF 0 33.990 610,998 140,700 29.220.306 Sulzer Reg. CHF 51.911 595,955 142,500 44.084.713 63.027 610,998 136,800 52.680.785 Swisscom Reg. CHF 20.332 595,955 411,100 49.812.844 20.132 610,998 385,500 47.418.827 Synthes Inc. CHF 86.612 595,955 126,300 65.192.131 0 I alt i CHF 292.684.690 305.142.509 G4S DKK 197.052 100,000 22,800 4.492.786 0 Ossur DC DKK 81.165 100,000 9,400 762.951 141.165 100,000 8,100 1.143.437 Nordea DKK 259.309 100,000 60,950 15.804.884 337.309 100,000 55,200 18.619.457 I alt i DKK 21.060.620 19.762.893 Voestalpine EUR 204.498 745,245 35,650 54.331.026 205.148 745,916 38,065 58.248.241 Bekaert NV EUR 11.440 745,245 85,900 7.323.497 16.230 745,916 52,500 6.355.760 Belgacom EUR 141.222 745,245 25,125 26.442.818 139.842 745,916 24,595 25.655.126 Delhaize Group EUR 215.079 745,245 55,270 88.590.423 247.688 745,916 51,700 95.517.995

Bank of Cyprus Public Co. EUR 941.308 745,245 2,580 18.098.841 1.728.272 745,916 2,040 26.298.559 Adidas EUR 110.681 745,245 48,890 40.326.675 164.467 745,916 54,700 67.105.140 BASF SE EUR 156.433 745,245 59,700 69.598.841 144.473 745,916 67,570 72.816.584 Bayer EUR 179.573 745,245 55,300 74.005.752 244.670 745,916 55,440 101.179.757 Continental AG EUR 17.140 745,245 59,140 7.554.252 17.810 745,916 72,450 9.624.806 Daimler EUR 126.642 745,245 50,730 47.878.653 189.589 745,916 51,900 73.395.627 Deutsche Telekom EUR 85.010 745,245 9,655 6.116.762 98.990 745,916 10,815 7.985.600 Fielmann EUR 37.819 745,245 71,140 20.050.408 50.029 745,916 76,820 28.667.236 Gea Group EUR 324.592 745,245 21,630 52.323.120 347.629 745,916 24,685 64.008.673 Henkel KGaA Pref. EUR 0 60.166 745,916 47,870 21.483.461 Lanxess EUR 0 81.817 745,916 56,600 34.542.174 Linde EUR 96.944 745,245 113,550 82.036.548 118.184 745,916 120,900 106.579.745 Lufthansa EUR 7.900 745,245 16,355 962.891 9.870 745,916 15,025 1.106.169 Praktiker EUR 0 164.072 745,916 5,850 7.159.456 SAP Ord. EUR 0 61.017 745,916 41,750 19.001.900 Salzgitter EUR 5.700 745,245 57,770 2.454.011 7.360 745,916 52,590 2.887.159 Siemens Reg. EUR 0 121.970 745,916 94,700 86.157.421 Symrise EUR 0 68.280 745,916 21,980 11.194.660 ThyssenKrupp EUR 9.690 745,245 30,985 2.237.559 12.520 745,916 35,835 3.346.582 Volkswagen Pref. EUR 0 8.550 745,916 142,350 9.078.483 BSCH EUR 887.490 745,245 7,928 52.435.621 914.627 745,916 7,963 54.326.337 Grifols SA EUR 444.119 745,245 10,200 33.759.719 450.762 745,916 13,840 46.534.288 Inditex EUR 163.474 745,245 56,030 68.260.367 207.552 745,916 62,840 97.286.547 Mediaset Espana Comunicacion EUR 465.594 745,245 8,230 28.556.601 474.004 745,916 5,991 21.182.198 Telefonica EUR 408.403 745,245 16,965 51.634.752 350.236 745,916 16,860 44.046.159 Metso EUR 183.036 745,245 41,800 57.018.016 156.636 745,916 39,170 45.765.145 Nokia EUR 512.280 745,245 7,740 29.549.332 0 Outokumpu Technology EUR 0 39.318 745,916 39,200 11.496.541 Sampo EUR 370.507 745,245 20,050 55.361.787 443.069 745,916 22,270 73.600.586 AXA EUR 0 497.823 745,916 15,670 58.188.029 Eramet EUR 1.160 745,245 256,500 2.217.403 1.490 745,916 228,400 2.538.470 Gdf Suez EUR 237.899 745,245 26,850 47.603.207 0 Lafarge EUR 92.020 745,245 46,920 32.176.554 26.437 745,916 43,945 8.665.853 Safran Sa EUR 43.880 745,245 26,500 8.665.863 20.080 745,916 29,450 4.411.017 Sanofi EUR 103.073 745,245 47,850 36.755.824 126.423 745,916 55,440 52.280.412 Schneider EUR 51.749 745,245 112,000 43.193.589 82.818 745,916 115,200 71.165.074 Societe Generale EUR 0 64.965 745,916 40,920 19.829.180 Total SA EUR 368.646 745,245 39,650 108.931.133 484.475 745,916 39,880 144.117.331 Vallourec EUR 0 22.555 745,916 83,990 14.130.584 Vivendi EUR 332.206 745,245 20,200 50.010.149 328.946 745,916 19,175 47.048.921 Greek Org. of Football Progno. EUR 0 73.043 745,916 10,750 5.857.021 OTE EUR 0 185.959 745,916 6,490 9.002.261 Public Power EUR 0 25.780 745,916 10,030 1.928.739 CRH EUR 421.737 745,245 15,500 48.716.122 568.890 745,916 15,270 64.797.317 ENI EUR 434.869 745,245 16,340 52.955.346 430.599 745,916 16,310 52.386.172 Intesa Sanpaolo EUR 0 8.089.992 745,916 1,836 110.792.525 Maire Tecnimont EUR 1.018.037 745,245 3,293 24.979.782 1.343.442 745,916 1,263 12.656.452 Pirelli & Co EUR 0 471.295 745,916 7,450 26.190.199 Snam Rete Gas EUR 2.143.210 745,245 3,720 59.416.487 1.910.590 745,916 4,084 58.202.672 Aperam EUR 0 670 745,916 23,995 119.918 ArcelorMittal EUR 11.400 745,245 28,380 2.411.107 14.730 745,916 23,995 2.636.411 Boskalis Westminster EUR 0 123.635 745,916 32,605 30.068.747 Fugro EUR 236.850 745,245 61,500 108.554.494 309.358 745,916 49,720 114.731.365 Gemalto EUR 0 62.849 745,916 32,975 15.458.696

Heineken EUR 228.745 745,245 36,690 62.545.868 250.091 745,916 41,470 77.360.949 Koninklijke DSM EUR 27.730 745,245 42,605 8.804.602 29.450 745,916 44,755 9.831.427 Koninklijke Vopak EUR 237.948 745,245 35,350 62.686.032 372.621 745,916 33,790 93.917.216 Unilever EUR 299.558 745,245 23,300 52.015.904 296.618 745,916 22,605 50.014.013 I alt i EUR 1.789.547.737 2.491.961.086 Xstrata GBP 17.690 869,731 15,055 2.316.292 22.860 825,966 13,715 2.589.608 Antofagasta GBP 17.560 869,731 16,120 2.461.922 22.690 825,966 13,940 2.612.517 Anglo American (GPB) GBP 8.280 869,731 33,355 2.402.017 10.690 825,966 30,875 2.726.130 BAT GBP 281.260 869,731 24,635 60.262.250 405.934 825,966 27,310 91.567.011 BP GBP 29.890 869,731 4,656 1.210.255 37.950 825,966 4,587 1.437.656 BT Group GBP 0 495.400 825,966 2,015 8.245.044 Barclays GBP 0 1.128.221 825,966 2,565 23.897.848 Barratt Developments GBP 0 1.287.603 825,966 1,142 12.145.349 Berendsen GBP 185.883 869,731 4,366 7.058.432 184.063 825,966 5,450 8.285.618 Croda International GBP 330.684 869,731 16,160 46.477.134 295.531 825,966 18,870 46.061.370 Diageo GBP 442.696 869,731 11,850 45.625.617 651.665 825,966 12,730 68.519.582 Eurasian Natural Resources GBP 26.710 869,731 10,480 2.434.557 34.510 825,966 7,815 2.227.593 Ferrexpo Plc GBP 50.420 869,731 4,159 1.823.797 0 Fresnillo GBP 16.460 869,731 16,680 2.387.870 21.260 825,966 14,020 2.461.916 GlaxoSmithKline GBP 475.411 869,731 12,400 51.271.463 771.953 825,966 13,340 85.056.713 HSBC Holdings GBP 737.988 869,731 6,511 41.790.907 1.707.700 825,966 6,184 87.225.399 Hiscox Ltd GBP 0 327.878 825,966 4,189 11.344.479 International Power GBP 102.750 869,731 4,376 3.910.605 27.590 825,966 3,217 733.102 Intertek Group GBP 0 60.328 825,966 19,730 9.831.231 Legal & General GBP 886.370 869,731 0,968 7.458.488 601.070 825,966 1,182 5.868.194 Reckitt Benckiser Group PLC GBP 0 70.952 825,966 34,400 20.159.743 Royal Dutch Shell B GBP 329.093 869,731 21,150 60.536.013 561.216 825,966 22,240 103.092.420 Scottish & Southern Energy GBP 541.982 869,731 12,250 57.743.852 480.819 825,966 13,930 55.321.589 Standard Chartered GBP 0 136.027 825,966 16,380 18.403.521 Tesco GBP 1.165.541 869,731 4,250 43.082.539 1.701.126 825,966 4,020 56.483.870 Travis Perkins GBP 0 138.539 825,966 9,895 11.322.694 Vodafone Group GBP 36.890 869,731 1,658 531.959 0 Randgold Resources GBP 4.090 869,731 52,750 1.876.422 5.290 825,966 52,550 2.296.097 Wolseley GBP 266.816 869,731 20,460 47.479.080 354.773 825,966 20,320 59.543.748 I alt i GBP 490.141.472 799.460.042 China Petroleum & Chemical HKD 1.597.680 71,458 7,440 8.493.979 0 Cathay Pacific Airlines HKD 323.740 71,458 21,450 4.962.175 276.530 66,115 18,020 3.294.552 Kingboard Chem. Hold. HKD 48.090 71,458 46,550 1.599.642 0 I alt i HKD 15.055.796 3.294.552 Asahi Glass JPY 0 94.000 6,370 936,000 5.604.757 Bridgestone Corp. JPY 0 60.900 6,370 1.846,000 7.161.468 Canon JPY 0 27.300 6,370 3.810,000 6.625.836 Daikin Industries JPY 0 39.000 6,370 2.838,000 7.050.665 Eisai JPY 0 50.800 6,370 3.135,000 10.145.053 Fanuc JPY 0 8.200 6,370 13.380,000 6.989.129 Fuji Photo Film JPY 0 37.200 6,370 2.499,000 5.921.916 Hitachi Construction Machine JPY 0 49.000 6,370 1.794,000 5.599.788 Honda Motor JPY 0 30.600 6,370 3.085,000 6.013.533 Inpex Holdings JPY 0 180 6,370 592.000,000 6.788.085 JGC Corp JPY 0 58.000 6,370 2.195,000 8.109.902 JX Holding JPY 235.000 6,849 551,000 8.868.428 260.390 6,370 539,000 8.940.589 KDDI Corp. JPY 0 210 6,370 577.000,000 7.718.771 Komatsu Ltd. JPY 0 40.000 6,370 2.497,000 6.362.556

Kyocera JPY 0 12.400 6,370 8.150,000 6.437.724 Makita JPY 0 30.400 6,370 3.730,000 7.223.297 Mitsubishi Chemical Holdings JPY 0 18.330 6,370 568,000 663.230 Murata JPY 0 17.700 6,370 5.350,000 6.032.261 NGK Spark Plug JPY 44.000 6,849 1.246,000 3.754.896 44.000 6,370 1.107,000 3.102.797 NHK Spring JPY 98.290 6,849 883,000 5.944.252 0 Nidec JPY 0 14.300 6,370 7.440,000 6.777.383 Nikon Corp. JPY 0 55.000 6,370 1.889,000 6.618.319 Nintendo Co. JPY 0 4.600 6,370 15.010,000 4.398.368 Nippon Electric Glass JPY 0 80.000 6,370 1.026,000 5.228.660 Nitto Denko JPY 9.400 6,849 3.825,000 2.462.558 31.800 6,370 4.065,000 8.234.566 Olympus Corp. JPY 0 43.600 6,370 2.701,000 7.501.777 Ricoh Co. JPY 0 98.000 6,370 889,000 5.549.846 Rohm Co. JPY 0 18.800 6,370 4.595,000 5.502.961 SMC Corp. JPY 0 7.500 6,370 14.440,000 6.898.927 Sega Sammy Hld. JPY 67.500 6,849 1.545,000 7.142.651 26.140 6,370 1.549,000 2.579.349 Sony JPY 0 36.000 6,370 2.117,000 4.854.857 Sumitomo Mitsui Financial Gr. JPY 50.000 6,849 2.892,000 9.903.654 55.000 6,370 2.468,000 8.646.909 Suzuki Motor JPY 0 55.000 6,370 1.805,000 6.324.016 TDK JPY 0 18.800 6,370 4.410,000 5.281.405 Tokio Marine JPY 0 24.600 6,370 2.245,000 3.518.070 Toyota Motor JPY 0 28.300 6,370 3.300,000 5.949.130 Yamaha Motor JPY 0 74.000 6,370 1.472,000 6.938.931 I alt i JPY 38.076.438 223.294.831 Archer NOK 0 322.323 95,883 32,540 10.056.583 DNB NOR NOK 782.070 95,568 81,900 61.212.897 823.437 95,883 75,200 59.373.115 Petroleum Geo-Services NOK 318.730 95,568 90,850 27.673.321 611.079 95,883 77,100 45.174.500 Statoil NOK 601.980 95,568 138,600 79.736.781 515.276 95,883 136,600 67.488.881 Telenor NOK 0 148.077 95,883 88,350 12.543.992 Yara Int. NOK 135.739 95,568 337,500 43.781.620 137.770 95,883 303,700 40.118.165 I alt i NOK 212.404.619 234.755.236 Alfa Laval SEK 473.965 82,627 141,700 55.492.652 699.725 81,530 136,300 77.756.832 Boliden SEK 71.670 82,627 136,700 8.095.157 98.220 81,530 116,800 9.353.154 Getinge SEK 0 86.094 81,530 169,800 11.918.618 Kinnevik Investment SEK 0 32.400 81,530 140,500 3.711.390 SKF B SEK 361.101 82,627 191,600 57.166.757 357.561 81,530 183,000 53.347.804 I alt i SEK 120.754.565 156.087.798 Yangzijiang Shipbuilding SGD 419.570 433,604 1,910 3.474.809 527.790 419,078 1,460 3.229.303 Fraser & Neave SGD 0 45.380 419,078 5,790 1.101.128 United Overseas Land SGD 0 55.280 419,078 4,980 1.153.698 I alt i SGD 3.474.809 5.484.129 Partnerre USD 2.420 555,490 80,350 1.080.134 6.900 514,460 68,850 2.444.019 Garmin USD 41.120 555,490 30,990 7.078.658 10.620 514,460 33,030 1.804.616 Noble USD 7.530 555,490 35,770 1.496.202 0 Transocean USD 3.940 555,490 69,510 1.521.317 0 Accenture A USD 5.250 555,490 48,490 1.414.125 0 Cooper Industries Plc USD 0 9.560 514,460 59,670 2.934.712 Seagate Technology USD 15.760 555,490 15,030 1.315.805 0 Willis Group USD 6.220 555,490 34,630 1.196.518 13.150 514,460 41,110 2.781.153 Comstar United GDR USD 0 13.459 514,460 6,900 477.764 Jardine Strategic USD 8.009 555,490 27,680 1.231.461 0 3M USD 0 6.700 514,460 94,850 3.269.368 AFLAC USD 3.550 555,490 56,430 1.112.794 9.800 514,460 46,680 2.353.469

AT&T USD 5.140 555,490 29,380 838.863 17.540 514,460 31,410 2.834.322 Abbott Laboratories USD 7.150 555,490 47,910 1.902.867 12.870 514,460 52,620 3.484.023 Ace USD 28.660 555,490 62,250 9.910.414 8.390 514,460 65,820 2.841.001 Aetna Inc. USD 0 24.750 514,460 44,090 5.613.929 Agco USD 0 27.080 514,460 49,360 6.876.626 Allegheny Energy USD 690 555,490 24,240 92.909 0 Altria Group USD 52.600 555,490 24,620 7.193.662 0 Ameren Corp. USD 570 555,490 28,190 89.258 3.480 514,460 28,840 516.329 American Electric Power USD 450 555,490 35,980 89.939 2.770 514,460 37,680 536.960 American Express USD 0 11.570 514,460 51,700 3.077.340 American Financial Group USD 21.290 555,490 32,290 3.818.739 0 Annaly Capital Management USD 10.820 555,490 17,920 1.077.064 29.040 514,460 18,040 2.695.161 Archer Daniels Midland USD 4.000 555,490 30,080 668.366 63.190 514,460 30,150 9.801.381 Arrow Electronics USD 42.950 555,490 34,250 8.171.466 49.360 514,460 41,500 10.538.404 Assurant USD 4.760 555,490 38,520 1.018.520 0 Autoliv USD 0 5.040 514,460 78,450 2.034.113 Automatic Data Processing USD 5.460 555,490 46,280 1.403.661 22.880 514,460 52,680 6.200.881 Avnet USD 44.620 555,490 33,030 8.186.804 62.000 514,460 31,880 10.168.611 Becton Dickinson USD 4.920 555,490 84,520 2.309.941 7.910 514,460 86,170 3.506.584 Best Buy Co. USD 4.660 555,490 34,290 887.625 11.410 514,460 31,410 1.843.763 Biogen Idec USD 22.260 555,490 67,050 8.290.872 14.130 514,460 106,920 7.772.357 Bunge USD 0 28.780 514,460 68,950 10.208.846 CA Inc. USD 10.460 555,490 24,440 1.420.068 0 CMS Energy USD 0 4.920 514,460 19,690 498.382 Campbell Soup USD 3.690 555,490 34,750 712.291 8.620 514,460 34,550 1.532.170 Capital One Financial USD 6.680 555,490 42,560 1.579.263 8.360 514,460 51,670 2.222.268 CenterPoint Energy USD 990 555,490 15,720 86.450 0 CenturyLink USD 3.580 555,490 46,170 918.162 12.060 514,460 40,430 2.508.434 Cephalon USD 23.240 555,490 61,720 7.967.797 0 Chevron USD 22.960 555,490 91,250 11.638.071 31.350 514,460 102,840 16.586.365 Chubb USD 29.060 555,490 59,640 9.627.411 8.730 514,460 62,610 2.811.963 Cincinnati Financial USD 6.460 555,490 31,690 1.137.185 15.890 514,460 29,180 2.385.398 Clorox USD 1.970 555,490 63,280 692.483 0 Comcast Corp. A USD 28.810 555,490 21,970 3.516.006 0 Computer Sciences USD 4.810 555,490 49,600 1.325.266 23.830 514,460 37,960 4.653.737 Conagra Foods USD 5.850 555,490 22,580 733.763 12.560 514,460 25,810 1.667.744 ConocoPhillips USD 4.170 555,490 68,100 1.577.464 9.480 514,460 75,190 3.667.077 Consolidated Edison Inc. USD 330 555,490 49,570 90.868 1.900 514,460 53,240 520.407 Constellation Energy Group USD 520 555,490 30,630 88.476 0 Corn Products Intl. USD 29.720 555,490 46,000 7.594.215 0 DTE Energy USD 350 555,490 45,320 88.112 1.990 514,460 50,020 512.092 Darden Restaurants USD 4.250 555,490 46,440 1.096.371 7.670 514,460 49,760 1.963.484 Deere & Co. USD 0 6.510 514,460 82,450 2.761.361 Devon Energy USD 0 7.860 514,460 78,810 3.186.805 Diamond Offshore Drilling USD 3.700 555,490 66,870 1.374.388 9.370 514,460 70,410 3.394.107 Discover Financial Service USD 46.160 555,490 18,530 4.751.355 85.210 514,460 26,750 11.726.434 Dish Network USD 0 34.410 514,460 30,670 5.429.378 Dominion Resources USD 370 555,490 42,720 87.803 2.130 514,460 48,270 528.943 Du Pont de Nemours USD 4.350 555,490 49,880 1.205.291 7.050 514,460 54,050 1.960.363 Duke Energy USD 910 555,490 17,810 90.029 5.330 514,460 18,830 516.332 Eastman Chemical USD 2.590 555,490 84,080 1.209.675 3.960 514,460 102,070 2.079.433 Eaton USD 0 11.580 514,460 51,450 3.065.106 Edison International USD 450 555,490 38,600 96.489 0 El Paso Corp. USD 0 41.250 514,460 20,200 4.286.738

El Paso Pipeline Partners USD 490 555,490 33,450 91.048 0 Eli Lilly USD 10.610 555,490 35,040 2.065.170 17.860 514,460 37,530 3.448.352 Emerson Electric USD 0 10.580 514,460 56,250 3.061.680 Endo Pharmaceuticals Hld. USD 40.570 555,490 35,710 8.047.687 0 Energy Transfer Equity USD 420 555,490 39,070 91.153 0 Energy Transfer Partner USD 330 555,490 51,820 94.992 0 Entergy Corp USD 220 555,490 70,830 86.560 1.420 514,460 68,280 498.808 Everest Re Group USD 2.340 555,490 84,820 1.102.530 6.340 514,460 81,750 2.666.420 Exelon Corp. USD 390 555,490 41,640 90.209 2.310 514,460 42,840 509.112 Exxon Mobil USD 3.880 555,490 73,120 1.575.956 8.870 514,460 81,380 3.713.581 FirstEnergy Corp. USD 440 555,490 37,020 90.483 0 Freeport-Mcmoran Copper USD 3.590 555,490 120,090 2.394.846 9.280 514,460 52,900 2.525.546 Gap Inc. USD 10.390 555,490 22,140 1.277.819 16.410 514,460 18,100 1.528.054 General Mills USD 3.600 555,490 35,590 711.716 7.830 514,460 37,220 1.499.304 Genuine Parts USD 4.190 555,490 51,340 1.194.940 6.860 514,460 54,400 1.919.882 Gilead Sciences USD 0 15.270 514,460 41,410 3.253.089 H&R Block USD 18.440 555,490 11,910 1.219.969 22.250 514,460 16,040 1.836.056 H.J. Heinz USD 2.710 555,490 49,460 744.560 5.960 514,460 53,280 1.633.662 Harris Corp. USD 5.470 555,490 45,300 1.376.454 23.710 514,460 45,060 5.496.350 Hasbro USD 4.330 555,490 47,180 1.134.807 7.800 514,460 43,930 1.762.818 Hewlett-Packard USD 5.580 555,490 42,100 1.304.946 27.430 514,460 36,400 5.136.636 Honeywell International USD 6.340 555,490 53,160 1.872.192 0 Hormel Foods USD 2.980 555,490 51,260 848.538 0 Hudson City Bancorp USD 17.070 555,490 12,740 1.208.034 52.010 514,460 8,190 2.191.404 Humana USD 26.380 555,490 54,740 8.021.504 34.220 514,460 80,540 14.178.923 ITT Industries USD 6.180 555,490 52,110 1.788.899 10.670 514,460 58,930 3.234.838 Intel USD 86.400 555,490 21,030 10.093.209 159.740 514,460 22,160 18.211.053 Intl. Business Machines USD 1.720 555,490 146,760 1.402.208 7.250 514,460 171,550 6.398.532 JM Smucker USD 2.130 555,490 65,650 776.767 4.030 514,460 76,440 1.584.810 Johnson & Johnson USD 5.890 555,490 61,850 2.023.631 10.500 514,460 66,520 3.593.297 Kellogg USD 0 5.350 514,460 55,320 1.522.606 Kimberly-Clark USD 2.020 555,490 63,040 707.365 4.450 514,460 66,560 1.523.789 Kraft Foods USD 4.210 555,490 31,510 736.897 9.310 514,460 35,230 1.687.384 Kroger Co. USD 0 12.210 514,460 24,800 1.557.826 Linear Technology Corp. USD 7.740 555,490 34,590 1.487.194 0 M & T Bank Corp. USD 0 6.000 514,460 87,950 2.714.805 Marathon Oil USD 7.220 555,490 37,030 1.485.139 54.290 514,460 52,680 14.713.542 Mattel USD 8.560 555,490 25,430 1.209.195 0 McCormick & Co. USD 3.090 555,490 46,530 798.671 5.900 514,460 49,570 1.504.605 McDonald s USD 0 4.860 514,460 84,320 2.108.232 McGraw-Hill USD 5.470 555,490 36,410 1.106.329 9.300 514,460 41,910 2.005.175 Medtronic USD 10.510 555,490 37,090 2.165.388 16.430 514,460 38,530 3.256.778 Merck & Co USD 10.130 555,490 36,040 2.028.012 0 Microchip Tech USD 7.630 555,490 34,210 1.449.953 0 Micron Technology USD 31.150 555,490 8,020 1.387.742 0 Microsoft USD 9.430 555,490 27,920 1.462.525 45.270 514,460 26,000 6.055.297 Molson Coors Brewing USD 2.770 555,490 50,190 772.277 6.530 514,460 44,740 1.503.006 Murphy Oil USD 3.940 555,490 74,550 1.631.624 15.940 514,460 65,660 5.384.443 New York Community Bancorp USD 11.680 555,490 18,850 1.223.011 29.520 514,460 14,990 2.276.510 Newmont Mining USD 6.380 555,490 61,430 2.177.095 15.360 514,460 53,970 4.264.766 Nextera Energy USD 300 555,490 51,990 86.640 0 Nisource Inc. USD 920 555,490 17,620 90.047 0 Nordstrom USD 0 8.410 514,460 46,940 2.030.910 Northeast Utilities USD 530 555,490 31,880 93.858 2.770 514,460 35,170 501.192

Northern Trust USD 4.120 555,490 55,410 1.268.124 0 Northrop Grumman USD 0 8.940 514,460 69,350 3.189.595 Nstar USD 400 555,490 42,190 93.744 0 Nucor USD 9.590 555,490 43,820 2.334.357 12.390 514,460 41,220 2.627.429 Occidental Petroleum USD 0 7.310 514,460 104,040 3.912.635 Oge Energy USD 380 555,490 45,540 96.129 1.930 514,460 50,320 499.631 Oneok USD 330 555,490 55,470 101.683 0 PG & E Corp. USD 340 555,490 47,840 90.354 2.170 514,460 42,030 469.214 PPL Corp. USD 0 3.870 514,460 27,830 554.084 Paychex USD 8.550 555,490 30,910 1.468.052 0 Pepco Holding USD 840 555,490 18,250 85.157 0 PepsiCo USD 0 4.520 514,460 70,430 1.637.750 Pfizer USD 0 30.960 514,460 20,600 3.281.102 Pinnacle West Capital USD 390 555,490 41,450 89.798 2.280 514,460 44,580 522.909 Plains All Amer Pipeline USD 260 555,490 62,790 90.686 0 Principal Financial Group USD 7.270 555,490 32,560 1.314.907 0 Procter & Gamble USD 2.120 555,490 64,330 757.575 4.740 514,460 63,570 1.550.180 Progress Energy USD 360 555,490 43,480 86.950 2.110 514,460 48,010 521.154 Prudential Financial USD 0 31.480 514,460 63,590 10.298.528 Public Serv. Entreprises USD 490 555,490 31,810 86.584 0 Qwest Communications USD 22.500 555,490 7,610 951.138 0 Rayonier USD 3.840 555,490 52,520 1.120.294 0 Raytheon USD 6.300 555,490 46,340 1.621.709 12.060 514,460 49,850 3.092.887 Reynolds American USD 4.280 555,490 32,620 775.540 8.450 514,460 37,050 1.610.633 Saic USD 15.180 555,490 15,860 1.337.369 0 SanDisk USD 25.090 555,490 49,860 6.949.110 29.730 514,460 41,500 6.347.382 Sara Lee USD 9.250 555,490 17,510 899.713 0 Scana Corp. USD 400 555,490 40,600 90.212 0 Sempra Energy Corp. USD 310 555,490 52,480 90.372 0 Sherwin-Williams USD 2.790 555,490 83,750 1.297.972 4.590 514,460 83,870 1.980.482 Southern Company USD 430 555,490 38,230 91.316 2.530 514,460 40,380 525.580 Spectra Energy USD 10.820 555,490 24,990 1.501.999 27.610 514,460 27,410 3.893.382 Sunoco Inc. USD 35.750 555,490 40,310 8.005.069 0 Sysco Corp. USD 4.540 555,490 29,400 741.446 10.290 514,460 31,180 1.650.605 TJX Companies USD 0 7.340 514,460 52,530 1.983.604 Target Corp. USD 3.700 555,490 60,130 1.235.860 7.100 514,460 46,910 1.713.466 Teco Energy USD 920 555,490 17,800 90.967 0 Texas Instruments USD 8.350 555,490 32,500 1.507.461 0 The Travelers Cos. USD 3.570 555,490 55,710 1.104.785 42.340 514,460 58,380 12.716.470 Torchmark Corp. USD 3.560 555,490 59,740 1.181.385 0 Tyson Foods USD 0 104.140 514,460 19,420 10.404.433 United States Steel USD 7.640 555,490 58,420 2.479.312 9.880 514,460 46,040 2.340.151 United Technologies USD 4.000 555,490 78,720 1.749.127 0 UnitedHealth Group USD 10.080 555,490 36,110 2.021.921 14.450 514,460 51,580 3.834.430 UnumProvident USD 8.780 555,490 24,220 1.181.258 19.910 514,460 25,480 2.609.891 VF Corp. USD 0 3.830 514,460 108,560 2.139.046 Valero Energy USD 0 52.030 514,460 25,570 6.844.412 Valspar Corp USD 6.320 555,490 34,480 1.210.488 0 Verizon Comm. USD 4.530 555,490 35,780 900.357 0 Viacom B (Non-Voting) USD 5.360 555,490 39,610 1.179.359 0 Wal Mart Stores USD 2.480 555,490 53,930 742.948 5.560 514,460 53,140 1.520.015 Waste Management USD 8.150 555,490 36,870 1.669.195 16.500 514,460 37,270 3.163.697 Western Digital USD 7.860 555,490 33,900 1.480.125 0 Weyerhaeuser USD 0 21.140 514,460 21,860 2.377.425

Whirlpool USD 6.290 555,490 88,830 3.103.749 27.590 514,460 81,320 11.542.521 Williams Cos. USD 12.250 555,490 24,720 1.682.135 0 Williams Partners USD 380 555,490 46,650 98.472 0 Windstream Corp. USD 11.680 555,490 13,940 904.444 38.060 514,460 12,960 2.537.613 Xcel Energy USD 680 555,490 23,550 88.956 4.040 514,460 24,300 505.056 Xilinx USD 9.500 555,490 28,980 1.529.320 35.810 514,460 36,470 6.718.800 I alt i USD 269.511.498 452.689.522 I alt for noterede aktier fra udenlandske udstedere 3.288.692.851 4.737.113.333 I alt i afdelingen 6.075.567.541 8.028.199.603