PFA Pension, danske aktier - børsnoteret

PFA Pension, danske aktier - børsnoteret Beholdningsliste, ultimo december 2010 Novo Nordisk A/S 987 21,7% AP Moller - Maersk A/S 700 15,4% Danske Bank A/S 435 9,6% Carlsberg A/S 427 9,4% DSV A/S 208 4,6% Christian Hansen Holding A/S 191 4,2% Danisco A/S 145 3,2% FLSmidth & Co A/S 136 3,0% Sydbank A/S 135 3,0% G4S PLC 134 2,9% Vestas Wind Systems A/S 112 2,5% Coloplast A/S 104 2,3% SimCorp A/S 92 2,0% Novozymes A/S 88 1,9% GN Store Nord A/S 86 1,9% Topdanmark A/S 80 1,8% TDC A/S 77 1,7% Pandora A/S 60 1,3% William Demant Holding A/S 59 1,3% NKT Holding A/S 54 1,2% Jyske Bank A/S 52 1,1% Rockwool International A/S 49 1,1% D/S Norden 47 1,0% Tryg A/S 32 0,7% Lan & Spar Bank 32 0,7% Solar A/S 24 0,5% Investeringsforeninger med danske aktier 96 0,5% Danske aktier i alt 4.644 100,0% Opgjort inklusiv unit link beholdninger

PFA Pension, udenlandske aktier - børsnoteret Beholdningsliste, ultimo december 2010 Royal Dutch Shell PLC 350 1,6% Siemens AG 297 1,4% Nestle SA 265 1,2% Exxon Mobil Corp 236 1,1% Apple Inc 182 0,8% BG Group PLC 180 0,8% BASF SE 180 0,8% HSBC Holdings 151 0,7% WPP PLC 150 0,7% Swatch Group AG/The 148 0,7% Tesco PLC 140 0,6% Rio Tinto PLC 139 0,6% BHP Billiton Ltd 139 0,6% Vodafone Group PLC 139 0,6% Tullow Oil PLC 138 0,6% Microsoft Corp 137 0,6% British American Tobacco PLC 136 0,6% LVMH Moet Hennessy Louis Vuitton SA 134 0,6% Telefonica SA 134 0,6% Rolls-Royce Group PLC 134 0,6% BNP Paribas 131 0,6% General Electric Co 122 0,6% BHP Billiton PLC 118 0,5% International Business Machines Corp 117 0,5% Procter & Gamble Co/The 115 0,5% Commonwealth Bank of Australia 115 0,5% Petroleo Brasileiro SA 111 0,5% Telenor ASA 110 0,5% Beiersdorf AG 110 0,5% AT&T Inc 106 0,5% Johnson & Johnson 105 0,5% Prudential PLC 105 0,5% JPMorgan Chase & Co 105 0,5% Saipem SpA 104 0,5% Roche Holding AG 104 0,5% Schneider Electric SA 99 0,5% Itau Unibanco Holding SA 93 0,4% Wells Fargo & Co 93 0,4% America Movil SAB de CV 92 0,4% Henkel AG & Co KGaA 92 0,4% Google Inc 91 0,4% Bayer AG 90 0,4% Australia & New Zealand Banking Group Ltd 90 0,4% Allianz SE 90 0,4% Reckitt Benckiser Group PLC 89 0,4% Pfizer Inc 88 0,4% Coca-Cola Co/The 86 0,4% Xstrata PLC 86 0,4% Bank of America Corp 83 0,4% Societe Generale 83 0,4% Citigroup Inc 82 0,4% Deutsche Bank AG 82 0,4% Koninklijke Philips Electronics NV 82 0,4% Novartis AG 82 0,4%

Unilever NV 80 0,4% Oracle Corp 79 0,4% Banco Santander SA 78 0,4% Intel Corp 75 0,3% AMEC PLC 73 0,3% Cisco Systems Inc 72 0,3% National Australia Bank Ltd 72 0,3% Standard Chartered PLC 72 0,3% Vale SA 71 0,3% Schlumberger Ltd 71 0,3% Royal Bank of Canada 71 0,3% Merck & Co Inc 70 0,3% SAP AG 69 0,3% Philip Morris International Inc 69 0,3% ConocoPhillips 68 0,3% PepsiCo Inc/NC 66 0,3% Lloyds Banking Group PLC 64 0,3% Kingfisher PLC 64 0,3% AXA SA 63 0,3% Hewlett-Packard Co 62 0,3% Verizon Communications Inc 62 0,3% Cairn Energy PLC 60 0,3% DnB NOR ASA 58 0,3% Suncor Energy Inc 58 0,3% Cia de Bebidas das Americas 58 0,3% Canadian Natural Resources Ltd 58 0,3% ArcelorMittal 56 0,3% Occidental Petroleum Corp 56 0,3% Toyota Motor Corp 56 0,3% Barclays PLC 55 0,3% China Mobile Ltd 53 0,2% McDonald's Corp 52 0,2% QUALCOMM Inc 51 0,2% Goldman Sachs Group Inc/The 51 0,2% Nokia OYJ 50 0,2% Barrick Gold Corp 48 0,2% Rio Tinto Ltd 47 0,2% United Technologies Corp 47 0,2% Abbott Laboratories 46 0,2% GlaxoSmithKline PLC 46 0,2% Cenovus Energy Inc 45 0,2% Bank of Montreal 45 0,2% Sonova Holding AG 44 0,2% Walt Disney Co/The 44 0,2% Toronto-Dominion Bank/The 43 0,2% Woolworths Ltd 42 0,2% Berkshire Hathaway Inc 41 0,2% Linde AG 40 0,2% Bank of Nova Scotia 40 0,2% Amazon.com Inc 40 0,2% Gerdau SA 40 0,2% Volkswagen AG 39 0,2% 3M Co 39 0,2% CNOOC Ltd 38 0,2% China Construction Bank Corp 38 0,2% Banco Bradesco SA 38 0,2% Home Depot Inc 37 0,2% Caterpillar Inc 37 0,2% Canadian Pacific Railway Ltd 36 0,2% Gazprom OAO 36 0,2%

Kraft Foods Inc 36 0,2% Manulife Financial Corp 35 0,2% Petroleum Geo-Services 35 0,2% Goldcorp Inc 35 0,2% Sanofi-Aventis SA 35 0,2% ASML Holding NV 34 0,2% Banpu PCL 34 0,2% United Parcel Service Inc 34 0,2% CVS Caremark Corp 33 0,2% Potash Corp of Saskatchewan Inc 33 0,2% Encana Corp 33 0,2% Canadian National Railway Co 33 0,2% Altria Group Inc 33 0,1% Fresenius Medical Care AG & Co KGaA 33 0,1% US Bancorp 32 0,1% Amgen Inc 32 0,1% Ryanair Holdings PLC 32 0,1% Cia Siderurgica Nacional SA 32 0,1% Sumitomo Mitsui Financial Group Inc 31 0,1% Ford Motor Co 31 0,1% Tokyo Electric Power Co Inc/The 31 0,1% Woodside Petroleum Ltd 31 0,1% Union Pacific Corp 30 0,1% EMC Corp/Massachusetts 30 0,1% Foster's Group Ltd 30 0,1% Emerson Electric Co 29 0,1% Centrais Eletricas Brasileiras SA 29 0,1% EI du Pont de Nemours & Co 29 0,1% Apache Corp 29 0,1% Mitsubishi UFJ Financial Group Inc 29 0,1% Telefonaktiebolaget LM Ericsson 29 0,1% American Express Co 28 0,1% Cemex SAB de CV 28 0,1% TransCanada Corp 28 0,1% Hang Lung Properties Ltd 28 0,1% Bristol-Myers Squibb Co 28 0,1% Brambles Ltd 27 0,1% Walgreen Co 27 0,1% Target Corp 27 0,1% Sun Hung Kai Properties Ltd 27 0,1% Medtronic Inc 26 0,1% Texas Instruments Inc 26 0,1% Bank of China Ltd 25 0,1% UnitedHealth Group Inc 25 0,1% Comcast Corp 25 0,1% Monsanto Co 25 0,1% Dow Chemical Co/The 25 0,1% MetLife Inc 25 0,1% Subsea 7 Inc 25 0,1% Colgate-Palmolive Co 25 0,1% Costco Wholesale Corp 24 0,1% Wharf Holdings Ltd 24 0,1% Electrolux AB 24 0,1% TMX Group Inc 24 0,1% MTU Aero Engines Holding AG 24 0,1% Time Warner Inc 24 0,1% Koninklijke Ahold NV 24 0,1% Associated British Foods PLC 24 0,1% Veolia Environnement SA 24 0,1% Lanxess AG 24 0,1%

Smith & Nephew PLC 24 0,1% Koninklijke Boskalis Westminster NV 24 0,1% Anadarko Petroleum Corp 23 0,1% Alstom SA 23 0,1% Bank of New York Mellon Corp/The 23 0,1% Invensys PLC 23 0,1% Halliburton Co 23 0,1% Research In Motion Ltd 23 0,1% Lowe's Cos Inc 23 0,1% BP PLC 23 0,1% Marathon Oil Corp 23 0,1% Thomson Reuters Corp 23 0,1% Devon Energy Corp 23 0,1% DIRECTV 22 0,1% Kinross Gold Corp 22 0,1% Eli Lilly & Co 22 0,1% Nexen Inc 22 0,1% Visa Inc 22 0,1% Honda Motor Co Ltd 22 0,1% Deere & Co 22 0,1% Wacker Chemie AG 22 0,1% Morgan Stanley 22 0,1% Marks & Spencer Group PLC 21 0,1% Next PLC 21 0,1% Itausa - Investimentos Itau SA 21 0,1% Newmont Mining Corp 21 0,1% State Bank of India 21 0,1% Mizuho Financial Group Inc 21 0,1% Southern Co 21 0,1% Canon Inc 21 0,1% ebay Inc 21 0,1% CSL Ltd 21 0,1% Siam Commercial Bank PCL 20 0,1% QBE Insurance Group Ltd 20 0,1% Øvrige 4.913 22,4% Investeringsforeninger med Udenlandske aktier 4.430 20,2% Udenlandske aktier i alt 21.964 100,0% Opgjort inklusiv unit link beholdninger Kun beholdninger større end 20 mio. kr. er vist

PFA Pension, unoterede kapitalandele Beholdningsliste, ultimo december 2010 Danske unoterede kapitalandele BankInvest Private Equity New Markets II K/S 154 2,6% Refshaleøens Ejendomsselskab A/S 123 2,1% Axcel III K/S 68 1,2% Polaris Private Equity II K/S 62 1,1% DKA II A/S 33 0,6% Privathospitalet Hamlet A/S 28 0,5% Irish Forestry 26 0,5% P/S Sunstone Biomedicinsk Venture III 25 0,4% Erhvervsinvest II K/S 23 0,4% Øvrige 85 1,5% Unoterede danske kapitalandele i alt 627 10,7% Udenlandske unoterede kapitalandele Morgan Stanley Offshore Infrastructure Partners 940 16,1% Goldman Sachs International Infrastructure Partners 819 14,0% Barclays Integrated Infrastructure Fund L.P. 219 3,7% ProLogis European Properties Fund II 170 2,9% Warburg-Henderson Deustchland Fund I 166 2,8% CS Strategic Partners Offshore Fund IV, L.P. 164 2,8% Oak Hill Credit Opportunities Fund Ltd. 152 2,6% Schroder Private Equity Fund of Funds II Plc. 151 2,6% PAI Europe IV 142 2,4% EQT IV L.P. 128 2,2% CS Strategic Partners Offshore Fund III. L.P. 119 2,0% Partners Group Secondary 2008 L.P. 116 2,0% Horsley Bridge International III L.P. 109 1,9% European Strategic Partners II 102 1,7% Nordic Capital VII Alpha, L.P. 100 1,7% Horsley Bridge VIII L.P. 92 1,6% Crown Private Equity PLC 90 1,5% Hutton Collins Capital Partners III L.P. 86 1,5% AXA Secondary Fund IV L.P. 81 1,4% Pillar Retail Europark Fund 80 1,4% Coller International Partners V L.P. 79 1,4% Barclays European Infrastructure Fund L.P. 79 1,4% Euro Choice II L.P. 78 1,3% European Fund Investments II L.P. 78 1,3% Horsley Bridge International IV L.P. 77 1,3% Partners Group Secondary 2006 L.P. 77 1,3% OCM Opportunities Fund VII B Ltd. 72 1,2% PAI Europe V 58 1,0% Herkules Private Equity III L.P. 57 1,0% Gaillon SCA 54 0,9% OCM Opportunities Fund VII Ltd. 48 0,8% Elevation Partners L.P. 46 0,8% Horsley Bridge IX L.P. 46 0,8% AXA Secondary Fund III - 1 L.P. 43 0,7% Hamton 1 - Bond 004 Ltd. 40 0,7% Partners Group Secondary 2004 L.P. 37 0,6% Paul Capital Healthcare III, L.P. 33 0,6%

VCFA Venture Partners V L.P. 33 0,6% Nordic Mezzanine Fund II, L.P. 32 0,6% Euro Choice L.P. 31 0,5% EQT Expansion Capital I L.P. 27 0,5% Nordic Mezzanine Fund III, L.P. 27 0,5% Øvrige 42 0,7% Unoterede udenlandske kapitalandele i alt 5.221 89,3% Unoterede danske og udl. kapitalandele i alt 5.848 100,0% Kun beholdninger større end 20 mio. kr. er vist