The Board of Directors of Addtech AB has today decided to act on the authorization given by the Annual General Meeting held August 19, 2004 to repurchase shares in the Company. The purpose of the buyback program is to be able to adjust the Group's capital structure and to enable the Group to make future acquisitions of companies or businesses with payment in shares. By holding own shares in treasury, the Company's undertaking according to its personnel options program for members of senior management resolved in December 2001 is also secured.

Buybacks will be effected over Stockholmsbörsen (the Stockholm Stock Exchange) at the market price prevailing at the time of buyback. According to the decision of the Board of Directors, the Company's holding of own shares may not exceed 10 percent of the number of shares outstanding during the period until the next following regularly scheduled Annual General Meeting. 

Addtech AB already holds 1,981,400 class B shares in treasury, 700,000 of which are set aside to secure the Company's undertaking under the existing personnel options program. An additional 100,000 shares are set aside to be used as partial payment for the acquisition of the Carbex Group. The remaining 1,181,400 shares will be cancelled pursuant to a resolution by the Annual General Meeting held August 19, 2004. The total number of shares outstanding in Addtech AB, including shares held in treasury, is 26,514,232.