ADDTECH AB: CLOSING OF SHARE SWAP AGREEMENT AND REPURCHASE OF OWN SHARES

Addtech has today repurchased 1,331,400 of its own class B shares, which also constitutes the Company´s total number of shares held in treasury. These shares constitute 4.8 percent of the total number of shares outstanding and 3.5 percent of the votes. The shares have been purchased at a price of SEK 40.50 each. With this purchase, Addtech has secured the Company´s undertaking according to the option program for members of senior management resolved by the general meeting of shareholders held December 17, 2001.

Stockholm, December 18, 2001


For further information, contact Roger Bergqvist, President, Addtech AB, +46 8 470 49 04 or Kennet Göransson, CFO, Addtech AB, +46 8 470 49 10

About Us

Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 2 200 employees in approximately 120 subsidiaries that operate under their own brands. The Group has annual sales of about SEK 7 billion. Addtech is listed on Nasdaq Stockholm.

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