Correction The purchase price, for Information Highways acquisition of Danish Internet company ELK's operations, will be DANISH CROWNS 55 million, excluding sales costs, paid in the form of newly issued shares in Information Highway, of which DANISH CROWNS 15 million in cash. Sundbyberg, Sweden, November 29th, 1999 Information Highway AB (publ) For further information, please contact: Göran Wågström, Information Highway's President, tel: +46 (0)8 635 1500 Ulf Karnell, VP Corp. Comm., Information Highway, tel + 46 (0)70 514 1739 Morten Elk, ELK's CEO, tel + 45 38 19 26 30, Information Highway assists companies to exploit the business opportunities presented by the new network economy. We consolidate our clients' competitiveness, making them successful in the digital arena by providing Internet-based solutions characterised by business expertise, creativity and leading-edge technology skills. Information Highway was founded in 1994 and currently employs over 330 people in its Business, Interactive and Technology Consulting business areas in nine locations in Sweden, as well as in Norway, Denmark and the UK. The share is quoted on the Stockholm Stock Exchange's O-list. Göran Wågström is the group CEO. Information Highway has a client base of about 200 businesses, and provides solutions for ABB, Ericsson, Telia, ATG, Fondex, SAS, Stadium, SMHI and Locus Medicus. [More information available at] ------------------------------------------------------------ Please visit for further information The following files are available for download: