Incentive plan launched

The annual general meeting of Acando held on 27 April 2006 decided on implementing an incentive plan for the employees, based on warrants and options. During the period May – June, the incentive plan has been launched and 297 employees of Acando have applied for warrants and 54 directors and other key personnel have acquired shares and subscribed for options. According to the preliminary calculations, these 297 employees have subscribed for 1 559 055 out of the 2.5 million warrants. The 54 persons have acquired totally 405 000 out of the 420 000 shares that Acando has repurchased from the stock market. The balance of 15 000 shares will for the time being be held by Acando. The dilution arising at full conversion of the warrants will not exceed 2.0%. In case all the options are exercised, the dilution in respect of this part of the incentive plan will reach about 2.1%. For more information, please contact Kjell Jacobsson, Executive Vice President tel. +46 (0)8-699 74 51 Per Killiner, CFO tel. +46 (0)8-699 74 06 www.acando.com