Extra general meeting of stockholders of Aspiro AB

Extra general meeting of stockholders of Aspiro AB Directed new share issue (cash issue) At Aspiro's extra general meeting of stockholders on December 17, 2001, a resolution was approved to increase the company's share capital by SEK 600,000 through the issue of 30,000,000 new shares, each with a nominal value of SEK 0.02. The right and obligation to subscribe for all the new shares shall, with departure from stockholders' preferential rights, be given to Bankaktiebolaget JP Nordiska on behalf of its clients. Furthermore, the meeting approved a share price of SEK 2.75, which is judged equivalent to the estimated market value. This will generate a total of SEK 82,500,000 in new funds. The subscription for shares shall take place on a special subscription list no later than December 17, 2001. Payment for the subscribed shares shall be paid in cash no later than December 12, 2001. The premium for the new shares shall be transferred to the share premium reserve. Over-subscription is not possible. The new shares carry the right to participate in the distribution of profits beginning in the current financial year (2001). With regards to dividends and all other similar matters, the new shares shall carry the same rights as all existing shares in the company. The board of directors, or any persons appointed by the board of directors, are authorized to make minor changes to the meeting of stockholders' decisions if these are necessary in connection with registering the new shares with the Swedish Patent and Registration Office. Directed new share issue (non-cash issue) At Aspiro's extra general meeting of stockholders authorization was also given to increase the company's share capital by a further SEK 116,000 through the issue of 5,800,000 additional new shares, each with a nominal value of SEK 0.02. The right and obligation to subscribe for all the new shares shall, with departure from stockholders' preferential rights, be given to the stockholders of Mgage Systems AB, corporate identity number 556586-1407. The issue price of the new shares is SEK 2.75 per share. Payment for the new shares shall made in kind by the acquisition of all shares in Mgage Systems AB. The subscription for shares shall take place on a special subscription list no later than December 17, 2001. Payment for the subscribed shares shall be received no later than December 12, 2001. The premium for the new shares shall be transferred to the share premium reserve. Over-subscription is not possible. The new shares carry the right to participate in the distribution of profits beginning in the current financial year (2001). With regards to dividends and all other similar matters, the new shares shall carry the same rights as all existing shares in the company. The board of directors, or any persons appointed by the board of directors, are authorized to make minor changes to the general meeting of stockholders' decisions if these are deemed necessary in connection with registering the new shares with the Swedish Patent and Registration Office. Board of directors Fadi Pharaon has been newly elected as board member to Aspiro's board of directors. For more information, please contact: Tomas Althén, Chairman, Aspiro AB, tel: +46 (0)708 15 16 15 Helena Gynnerstedt, Head of Information, Aspiro AB, tel: +46 (0)709 91 80 18 About Aspiro Aspiro offers mobile teleoperators, portals, companies and organizations a wide range of attractive services designed to meet the individual's needs for information, entertainment and communication via mobile media. The company's vision is to create the leading department store for mobile services in a global market. Founded in 1998, Aspiro is today an important player in the global mobile Internet market. Some 66 people currently work for the company, which has offices in Sweden and USA. Aspiro's business concept, organization and operations are based on many years of experience gained in the mobile telecommunications and IT sectors. For more information, please visit www.aspiro.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/17/20011217BIT00820/bit0002.doc http://www.waymaker.net/bitonline/2001/12/17/20011217BIT00820/bit0002.pdf