Notice of Annual General Meeting

Notice of Annual General Meeting Malmö 22 March 2002 The shareholders of AudioDev AB (publ.) are hereby summoned to the annual general meeting on Thursday 2 May 2002 at 16:30 in Bagersalen, S:t Gertrud Kongresser, Bagersgatan 1, Malmö. Entitlement to attend To be entitled to attend the general meeting, shareholders must: be registered in their own name on the printout of the company's share register produced by VPC AB as of 22 April 2002. and, no later than noon on 26 April 2002, have given the company notice of their intention to attend the general meeting together with the number of assistants (no more than two) they intend to bring to the meeting. Shareholders who have had their shares registered to nominees must temporarily re-register them in their own name with VPC AB in order to be able to attend the meeting. Such registration must have been accomplished on 22 April 2002. This means that shareholders must communicate their wishes on the matter to the nominee in plenty of time before that date. Notice of attendance Notice of attendance at the meeting may be given in writing care of AudioDev AB, Kabingatan, 212 39 Malmö or by telephone, fax or email to Marielle Mattsson, tel: +46 40 690 4905, fax: +46 40 690 49 90, marielle.mattsson@audiodev.com. Registration should include shareholder's name, civic registration number or the organization number, address, telephone number and share holding Proposed agenda 1. Opening of the meeting 2. Election of the chairman of the meeting 3. Drawing up and approval of the voting list 4. Acceptance of the agenda 5. Election of a person to check the minutes 6. Scrutiny of whether the meeting has been properly convened 7. Presentation of the annual accounts and auditor's report together with the group accounts and group auditor's report 8. Statement by Managing Director 9. Resolution to adopt the profit and loss account and balance sheet together with the group profit and loss account and balance sheet 10. Resolution on allocations relating to the company's profits in accordance with the balance sheet adopted 11. Resolution to discharge directors and Managing Director from liability 12. Establishment of the number of directors and deputies 13. Establishment of directors' fees 14. Election of board 15. Conclusion Board The company has been advised that shareholders representing 71% of the total votes in the company will support the following nominations: Directors: Re-election of Sven Ohlsson, Jan Barchan, Göran Barsby, Per Ludvigsson and Thomas Vonheim. Deputy director: Re-election of Peter Oscarsson. Directors' fees: SEK 375,000 to be distributed among the board. Dividend The board and Managing Director recommend a dividend of SEK 0.75 per share. The board has proposed Tuesday 7 May 2002 as the record day. Should the general meeting resolve to accept the board's proposal, it is expected that the Securities Register Centre will distribute the dividend on Monday 13 May 2002. Malmö, March 2002 AudiDev AB (publ.) For the board ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/22/20020322BIT00160/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/22/20020322BIT00160/wkr0002.pdf