TERMINATION OF THE COMBINATION AGREEMENT
Sysopen PLC STOCK EXCHANGE RELEASE 29 October 2003 at2:15 pmTERMINATION OF THE COMBINATION AGREEMENT BETWEEN SYSOPEN PLCAND NOVO GROUP PLC; APPROVALS FOR COMBINATION OBTAINED FROM THEFINNISH AND ESTONIAN COMPETITION AUTHORITIES As we have earlier stated in our joint stock exchange release,Novo Group Plc (Novo Group) has terminated the CombinationAgreement dated 25 September 2003 between Novo Group andSysopen Plc (SysOpen). SysOpen believes that in doing so the Board of Directors ofNovo Group has acted in breach of the Combination Agreement.SysOpen has sent a letter to the