Adera raises 427 million SEK in secondary offering

Adera raises 427 million SEK in secondary offering The board of directors in Adera AB decided, in a meeting on the 19:th of March 2000, to issue 2.500.000 shares, series B. The shares have been issued to large Swedish and foreign institutional investors. Shares issued to foreign institutional investors represents two thirds of the total number of issued shares. The share price, 171 SEK/share have been set through a book-building procedure. The offering raises 427,5 million SEK to the company before costs associated with the transaction. H&Q Technology have acted as advisor in the transaction. The purpose of the secondary offering is to raise funds for further expansion in Europe and to broaden the institutional ownership. "During a one-week road-show we experienced a large interest in Adera among institutional investors - we have through the secondary offering secured financial resources to full-fill our long-term expansion strategy" For further information please contact: Jörgen Ericsson, CEO Adera, +46 (0)703-992866, Per Malmström, CFO Adera AB +46 (0)8-54503300 or Janerik Dimming, SVP Corporate communication, Adera AB +46 (0)706-206008. Adera helps our clients to be competitive in the new business logic by implementing innovative and integrated e-business solutions. We have three types of competence categories in our company; strategy/business development, branding/communications and IT/Internet. Adera currently employs 450 staff and has offices in Gothenburg, Stockholm, Ljungby, Värnamo, Copenhagen, Oslo, London, Amsterdam, Antwerp, Munich and Dallas. Company shares have been noted on Stockholm's Stock Exchange O list since 10th June 1999. (www.aderagroup.com) ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/20/20000320BIT00290/bit0001.doc http://www.bit.se/bitonline/2000/03/20/20000320BIT00290/bit0002.pdf