Comments to LGP Telecom Holding's bid on shares in Allgon

Comments to LGP Telecom Holding's bid on shares in Allgon The Board of Directors of Allgon AB has noted that LGP Telecom Holding AB today has made a bid to Allgon's shareholders regarding the acquisition of shares in Allgon. The bid is structured as a new share issue in LGP and for each share in Allgon 0,56 shares in LGP will be received. The Board of Directors is of the opinion that there might be some industrial logic with a merger. Allgon's Board of Directors will evaluate this bid and other possible alternatives with the support of external advisors. For further information, please contact: Jan Edhäll Telephone: +46 8-540 822 31 President and CEO, Allgon AB Claes Silfverstolpe Telephone: +46 8-540 822 32 Chief Financial Officer, Allgon AB ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/22/20000822BIT00600/bit0001.doc http://www.bit.se/bitonline/2000/08/22/20000822BIT00600/bit0002.pdf

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