Exercise of employee stock options

Share capital increase as a result of employee stock option exercise pursuant to Acando's Employee Stock Option Program 2006/2009.

Acando's Employee Stock Option Program 2006/2009, which was approved by the Annual General Meeting in 2006 and provides 41 Group employees in senior positions with an opportunity to acquire new B-shares at a strike price of SEK 6.00 per share during the period April 27, 2009 – June 30, 2010 is currently in its exercise phase. As a consequence of the exercise of allocated employee stock options, the share capital of Acando has during June 2009 increased from SEK 98,205,961 to SEK 99,271,706, corresponding to 852,596 new shares, with the same number of votes. The share capital increase with a total of SEK 1,065,745, which corresponds to the share subscription, has been registered by Bolagsverket (the Swedish Companies Registration Office) on June 17, 2009. The total number of shares in the company amounts herewith to 79,417,364, of which 75,777,374 of series B and 3,639,990 of series A. The number of voting rights in the company amounts to 112,177,274 after the share subscription. Information on the Employee Stock Option Program 2006/2009 is available in Acando's Annual Report 2008 on page 42, note 9. The convertible debenture loan 2006/2009, of SEK 24,874,000, was redeemed fully on June 15, 2009, i.e. no conversion to shares was exercised.