AU-System's Over-Allotment Option Exercised

AU-System's Over-Allotment Option Exercised. Stockholm, July 10, 2000 - AU-System and Morgan Stanley Dean Witter announce that the over-allotment option over 4,500,000 ordinary shares in the Global Offer of AU-System Aktiebolag (publ) has been exercised in full. Through this the total transaction consists of 34,500,000 shares, comprising an issue of 5,500,000 new shares by AU-System and the sale of 29,000,000 shares by Schroder Ventures and Ericsson AB, AU-System's principal shareholders. After the exercise of the over-allotment option Schroder Ventures holds 33% of AU-System, Ericsson holds 11% and IBM 2.6%, on a fully diluted basis. AU-System is listed on the O-List of the OM Stockholm Exchange, under the symbol AUS. Contacts: AU-System Morgan Stanley Dean Witter Tomas Franzén, CEO Donal Quigley Tel: +46 70 576 32 05 Tel: +44 20 7513 5706 Stephen Vicinelli Tel: +44 20 7513 5053 About AU-System AU-System is a leading supplier of consulting services and solutions for the development of advanced wireless and Internet technologies, applications and associated services. Following the merger with SandbergTrygg, Sweden's leading business-to-business marketing services agency, the company also offers integrated services for marketing communications. Major clients include Ericsson, Telia, MeritaNordbanken and Singapore Telecom. AU-System was established in 1974 and currently employs more than 780 staff in offices in Stockholm, Gothenburg, Malmö, Lund, Östersund, London, San Diego and Singapore. For more information, please visit www.ausystem.com. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/07/10/20000710BIT00150/bit0001.doc http://www.bit.se/bitonline/2000/07/10/20000710BIT00150/bit0002.pdf