ANNOUNCEMENT FROM ANNUAL GENERAL MEETING OF BOSS MEDIA AB (PUBL) HELD MAY 4, 2006

The shareholders in Boss Media AB (publ) held the Annual General Meeting on May 4, 2005 in Växjö, Sweden. Discharge from liability The Meeting discharged the members of the Board and the President from liability for fiscal year 2005. Fees The fees to be paid to the Board of Directors were set at SEK 850,000 (preceding year: SEK 700,000), with SEK 250,000 to the Chairman of the Board and SEK 150,000 each to the other members of the Board. As in prior years, it was resolved that the fees to the auditors would be paid in accordance with generally accepted principles for fees to auditors in accordance with approved invoices. Board of Directors The Meeting decided to re-elect Björn Nordstrand, Thore Ohlsson, Per Thunander, Jan Westholm and Meg Tivéus. Björn Nordstrand was appointed Board Chairman. Nomination Committee The Meeting resolved in accordance with the proposal of the Nomination Committee that the Nomination Committee in advance of the next Annual General Meeting shall be appointed through the three largest shareholders in the company each appointing one representative, who together with the Board Chairman shall comprise the Nomination Committee. New Articles of Association The Meeting approved the new wording of the Company’s Articles of Association as a consequence of the changes implemented in the new Swedish Companies Act. Warrants program The Meeting unanimously approved the Board’s proposal for a new warrants program. The Meeting resolved to issue 2,000,000 warrants. These can be exercised during the period July 1, 2008 through December 31, 2009. At full exercise of all issued warrants (2,000,000), the dilution effect would be about 3.4 percent. Authorization to decide on new issues The Meeting resolved to authorize the Board for the period until the next Annual General Meeting to decide on new issues of up to 7,500,000 shares. Such issues may be implemented with waiver of the shareholders’ preferential rights and with payment through so-called capital contributed in kind (non-cash issue). President’s address In his address, Boss Media’s President, Johan Berg, commented on development during fiscal year 2005. He also provided a report on the prevailing market situation and the work with creating continued growth for the Boss Media Group. The President also reported on the Group’s development during the first quarter of 2006 in accordance with the interim report that was released earlier in the day. For further information, please contact: Markus Holm, Vice President and CFO, Boss Media AB (publ), telephone: +46 (0)470 70 30 06 or +46 (0)70 953 05 85, e-mail: markus.holm@bossmedia.se