Novo A/S

Novo A/S as of Sept. 30, 2010

Portfolio Holdings for Novo A/S

Novo A/S holds 4 positions in its portfolio as reported in the September 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Index Fds Total Stk Mkt (VTI) 57.2 $197M 3.4M 58.37
Vanguard Intl Equity Index F Ftse Europe Etf (VGK) 25.2 $87M 1.8M 48.72
BioMimetic Therapeutics 15.6 $54M 4.7M 11.40
Ishares Msci Japan Etf 2.0 $6.9M 700k 9.89