New share issue worth SEK 100 m agreed and Anders Bülow new Chairman

Press release New share issue worth SEK 100 m agreed and Anders Bülow new Chairman DORO AB, listed on the O-list of the Stockholm Stock Exchange, held an Extraordinary General Meeting yesterday New share issue worth SEK 100 million The Board's proposal concerning a directed share issue of redeemable and convertible B shares to Nordbanken worth SEK 70 m and RunDor worth SEK 30 m (SEK 100 m in total), was approved. The new share price will be SEK 8.50 (average price paid during 10 days prior to the decision on 17 October). B shares will have 1/10 of the voting rights and equal rights to dividends as A shares. During the period until the AGM in 2005, DORO will be able to redeem these shares at the issue price plus 10% interest per year. If the B shares are not redeemed they will be converted to A shares at the AGM in 2005. In the event of a future new share issue, the B shares will have equal rights to A shares. B shares can also be converted to A shares in the event of third party purchase. Anders Bülow to be new Chairman Anders Bülow was appointed as a new Board member following Lars-Olof Hjalmar's resignation. Anders Frick was elected as a deputy Board member. At the Board meeting following the election Anders Bülow was elected Chairman (newly-elected). Future reports The 2001 financial statement will be issued on 24 January 2002 and the Annual General Meeting for 2001 held on 5 March 2002. For further information please contact: CEO, Gunnar Åkerblom +46 (0)46 280 50 61 or CFO, Ingvar Karlsson +46 (0)46 280 50 62 Lund 27 November 2001 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/11/28/20011128BIT00370/bit0003.doc http://www.waymaker.net/bitonline/2001/11/28/20011128BIT00370/bit0003.pdf

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Doro markets telecommunications products under the trademark Doro. Source: Delphi

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