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## SECTION 7 STAFF COSTS AND REMUNERATION 

## ASSUMPTIONS 

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The average share price at the exercise date for share options was DKK 579 (2012: DKK 484). 

At 31 December 2013 the exercise price for outstanding share options was in the range DKK 203.50 to DKK 573.50 (2012: DKK 203.50 to DKK 566.78). The average remaining contractual life was 4.0 years (2012: 4.4 years). 

