Analysts

The following analysts cover Bavarian Nordic:

	Peter Hugreffe Ankersen ABG Sundal Collier Telephone: +45 33 18 61 12 E-mail: peter.hugreffe@abgsc.dk
	Carsten Lønborg Madsen Carnegie Telephone: +45 32 88 02 00 E-mail: carsten.madsen@carnegie.dk
	Thomas Bowers Danske Equities Telephone: +45 45 12 80 44 E-mail: thbo@danskebank.dk
	Martin Parkhøi Danske Equities Telephone: +45 33 44 04 41 E-mail: martin.parkhoi@danskebank.dk
	Peter Welford Jefferies International Ltd Telephone: +44 20 7029 8668 E-mail: pwelford@jefferies.com
	Michael Novod Nordea Markets Telephone: +45 33 33 57 75 E-mail: michael.novod@nordea.com
	Frank H. Andersen Jyske Bank Telephone: +45 89 89 70 31 E-mail: fha@jyskebank.dk
	Frédéric Gomez Pharmium Securities Telephone: +336 15 47 71 97 E-mail: fgomez@pharmiumsecurities.com