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Press release, Financial Year 2000

Press Release, Financial Year 2000 Total yield, including Capio, increased by 54 per cent * The shareholders' total yield including dividends was 36 per cent. For shareholders who have elected to keep Capio, the yield was 54 per cent. * The net asset value, Capio excluded, increased by 38 per cent. * Long-term creation of value and good timing generated significant exit results - total exit gains SEK 2,743M (529). * The parent company's financial position was considerably strengthened and the net cash holding was approximately SEK 1,150M at the turn of the year. The investment capacity for

Bure invests in Appelberg Publishing Agency

Bure invests in Appelberg Publishing Agency Bure Equity has acquired 25 percent of the shares in Appelberg Publishing Agency AB. Appelberg's core business is custom publishing of magazines and websites. This represents Bure's first investment in the field of custom publishing. Bure has the option to increase their ownership in Appelberg to between 42 and 55 percent before September 2002. Appelberg is Sweden's largest producer of print and digitally based customer magazines for large international companies. The company had a turnover of 83 MSEK during the last fiscal year, and employs 40

Peter Sandberg new President and CEO of Bure Equity AB

Peter Sandberg new President and CEO of Bure Equity AB Peter Sandberg has been appointed new President and CEO of Bure Equity AB. He succeeds Roger Holtback who will step down at Bure's Annual General Meeting on 26 April 2001. Peter Sandberg is 41 and his previous appointments include that of chief financial officer of Volvo. Between 1997 and 2000 he was president of 6:e AP fonden in Gothenburg and, most recently, he was president of the venture capital company, Emerging Technologies AB. Peter Sandberg is well acquainted with Bure's operations as he was a Board Member of Bure between 1998

Roger Holtback to step down at the AGM

Roger Holtback to step down at the AGM "The company has just achieved its best results ever, our cash holding is strong and our portfolio contains some of the most promising companies within the TIME sector in Sweden. I feel, therefore, the time is right for me to step down as President and CEO effective from the time of our Annual General Meeting on 26 April this year," says Roger Holtback. "I have led this company since it was established eight years ago. It has been a fantastic journey. This is not only because we have succeeded in increasing the capital we started with more than six

Dimension to be listed on O-list of OM Stockholm Exchange

Dimension to be listed on O-List of OM Stockholm Exchange Dimension AB (publ) has applied for listing on the O-List of the OM Stockholm Exchange. In conjunction with this, institutional investors and the general public will be invited to purchase shares in the company. The Offering is being managed by Handelsban Offering in brief * The Offering: The Offering covers a total of SEK 600-780 M, of which Bure is selling shares for about SEK 400 M. Bure will remain as the principal owner of Dimension. * Selling price: Expected to be set in the interval SEK 47-61 per share, which yields a market

Bure rejects the tax authority's ruling

Bure rejects the tax authority's ruling regarding Bure's investment company status On 20 December 2000, the tax authority in Gothenburg ruled that Bure should not be regarded as an investment company in the assessment tax for 1999. The tax authority is of the opinion that Bure's share trading is too extensive for the company be regarded as an investment company. According to the tax authority's ruling, Bure will be charged additional income tax of approximately SEK 680M for the 1998 income year. The amount includes tax revenues. "This is an absurd ruling which we resolutely reject," says

Distribution of acquisition value between shares in Bure and Capio

Distribution of acquisition value between shares in Bure and Capio During 2000, Bure Equity AB (publ) distributed all the shares in its wholly-owned subsidiary, Capio AB (publ), to the shareholders. The benefit for shareholders to receive shares in another company free of charge is placed on a par with a dividend. However, according to the provisions for state tax such dividend is tax-exempt subject to certain specified conditions. The National Tax Board has established that the aforementioned provision regarding tax-exemption is applicable to this distribution. Under such circumstances the

Bure invests in Appgate

Bure invests in Appgate Bure Equity has invested SEK 7M in the security company, Appgate. This is Bure's first direct investment in the company. Together with its existing indirect holdings, which it owns through CR&T and Innovationskapital, Bure Equity's ownership in Appgate - directly and indirectly - now amounts to 42.5 per cent. In connection with this investment, ABN Amro and GE Equity are also both investing in Appgate, which is receiving a combined capital contribution of SEK 100M. Appgate was originally part of CR&T, a Bure-owned company, in which companies such as Spotfire,

Bure-owned Mercuri International Group acquires companies on the Central European emerging market

Bure-owned Mercuri International Group acquires companies on the Central European emerging market Mercuri International Group strengthens its leading position in Europe by acquiring the Mercuri operations in Hungary, Poland, Czech Republic, Croatia, Slovenia, Slovakia and Romania with total revenues of SEK 55M. Mercuri International Group is thereby expanding its global network by seven important emerging markets. In total, Mercuri International is now operating in 40 markets. "There is an undisputed potential in the Central European markets and Mercuri International is well established

Börje Bengtsson appointed Senior Investment Manager in Bure Equity

Börje Bengtsson appointed Senior Investment Manager in Bure Equity Börje Bengtsson will be appointed Senior Investment Manager in Bure Equity on January 1, 2001. He will be based at Bure's office in Stockholm and be responsible for Logistics and e-commerce. Börje Bengtsson has recently worked as a management consultant focusing on corporate management and corporate transactions. He is currently Acting President of Strängbetong AB. He also has a number of board assignments, including Mekonomen AB, Graphioum AB, Amplico Kapital KB (Chairman) and Logitall AB. Gothenburg, 22 November 2000 Bure

Bure is in a strong position for next year

- Bure is in a strong position for next year "As far as we can judge, next year will be a crucial year for many companies in the private equity market. A clear focus, a strong portfolio of companies that make money, industrial competence and financial muscle will be needed to be among the winners. In the light of this, I think you could say that Bure is in a dream position," said Roger Holtback, President and CEO of Bure Equity at the Capital Market Day in Gothenburg. Roger Holtback also said that: * The year 2000 will be the best year ever for Bure and that as a result Bure's value has

Bure Equity links up with investment team in Stockholm

Bure Equity links up with investment team in Stockholm for the media & information segment Bure Equity has entered into a collaborative agreement with Ventshare Management AB (VMAB) to manage Bure's investment within the media & information segment. The collaboration means that VMAB will make investments on Bure's behalf in unlisted growth companies with Bure's capital. VMAB is owned by the members of the investment team which is located in Stockholm and led by Lars Linder-Aronson and Cecilia Geijer-Haeggström. Lars Linder-Aronson was previously President of Enskilda Securities and has a

Interim Report JANUARY - SEPTEMBER 2000

Interim Report JANUARY - SEPTEMBER 2000 High tempo towards focusing on the TIME sector The Group's strongest results ever of SEK 2,941M (244) The parent company's exit gains amounted to SEK 724M in the third quarter The net asset value excluding Capio amounted to SEK 79 per share, a 51 per cent increase since January 2000 Successful listing of Capio generated significant increased value for Bure's shareholders The parent company's strong financial position enables freedom of action - equity ratio 89 per cent Establishment in Stockholm for more intensive concentration on Bure's business

Bure Equity invests in high-tech incubator company with a focus on wireless

Bure Equity invests in high-tech incubator company with a focus on wireless Bure Equity continues to build companies for the future within the TIME (Telecoms, Internet, Media and 'Edutainment') sector. The latest investment is in the research and incubator company, Newmad Technologies AB. Bure's initial holding will amount to approximately 19 per cent with an opportunity, via an option, to increase its ownership to around 23 per cent. Newmad Technologies AB is a research company which develops applications for the next generation's mobile IT terminals with network connection to Bluetooth,

Record day for distribution of Capio fixed for 11 of October

Record day for distribution of Capio fixed for 11 October. Listing of Capio from 16 October. Bure's Board of Director have today fixed the record day for distribution of shares in Capio for 11 October 2000. This means that the last date for trading the Bure share including right to distribution of Capio will be 6 October 2000. On 9 October, the Bure share will thus be traded excluding right to distribution of Capio. The Capio share will be quoted on the O list of the OM Stockholm Exchange from 16 October 2000. A listing memorandum will be sent to the shareholders in Bure around 3 October

Bure comments on the National Tax Board's examination of investment companies

Bure Equity comments on the National Tax Board's examination of investment companies The National Tax Board, RSV, has announced its intention to examine short- term securities trading in Swedish investment companies to establish whether this is of importance for the tax status of the investment companies. "We have been informed about the tax authority's decision. On Bure's part, the examination will commence during the current year. In Bure Equity, we have consistently taken great pains to ensure that our trading operations are fully in compliance with the legislation for investment

Bure sells its entire holding in Nobel Biocare Makes capital gain of SEK 364M

Bure sells its entire holding in Nobel Biocare Makes capital gain of SEK 364M Bure has sold 3,600,661 shares in Nobel Biocare to the listed Swiss investment company, BB MEDTECH, and other institutional investors. The capital gain amounts to SEK 364M. The yield on the investment is equivalent to an annual return of 60 per cent. The sale is yet another step in Bure's focusing on the private equity market within the TIME (Telecoms, Internet, Media and 'Edutainment') sector. Bure Equity embarked on its first investment in Nobel Biocare at the 1997/98 turn of the year and has since participated

Capio acquires the remaining 30 per cent of the shares in the Previa group

Capio acquires the remaining 30 per cent of the shares in the Previa group. Bure Health Care Corporation, which is changing its name to Capio, is buying the remaining 30 per cent of the shares in Previa. This means that Previa is now a wholly owned subsidiary. Capio has completed negotiations with Stiftelsen Statshälsan regarding the purchase of Statshälsan's 30 per cent stake in Previa AB.This acquisition has been financed mainly by a directed share issue that gives Statshälsan a 3.2 per cent shareholding in Capio. In 1995, Capio bought 70% of Statshälsan's stake in AB Previa and is now

Bure increases its ownership in MobileOpinion

Bure increases its ownership in MobileOpinion As a step in Bure's increased focusing on information services with an international potential, Bure has acquired an additional 19.9 per cent of the capital in MobileOpinion. Bure's ownership now amounts to 49.9 per cent. Bure also has an option until 30 April 2001 to increase its ownership to 62 per cent. MobileOpinion AB is a Gothenburg-based company, which has developed a technology platform for selling statistically guaranteed studies and research based on an international reference panel of people who have been selected at random via

EGM of Bure

EGM of Bure: Bure will change its name to Bure Equity Erling Gustafsson and Hans Wilandh new Board Members The Extraordinary General Meeting of Investment AB Bure, which was held yesterday, decided to change the name of the company to Bure Equity AB (publ). The decision was explained by the fact that Bure is now focusing its operations wholly on private equity, with an emphasis on companies within the TIME-sector. The EGM also elected Erling Gustafsson, President of the 6th National Pension Insurance Fund, and Hans Wilandh, Vice President Key Accounts Benelux within Electrolux IT Solutions,

Assets of SEK 4,000-5,000M to be distributed to the shareholders

Assets of SEK 4,000-5,000M to be distributed to the shareholders over the next year A new name - Bure Equity - a more focused strategy, the distribution of SEK 4,000-5,000M to the shareholders and a continued aggressive investment strategy are the key points the Board of Directors' will be making at the Company's EGM today, Thursday 17 August. "- The change of name is a confirmation of our orientation - a private equity company with a focus on unlisted holdings within segments of the TIME (Telecom, Internet, Media and 'Edutainment') sector. With today's Interim Report we have delivered the

Bure Health Care Interim Report Jan-June

[ I N T E R I M R E P O R T ] JANUARY - JUNE 2000 Bure Health Care changes its name to Capio * Bure Health Care Group is preparing for listing on the O list of the OM Stockholm Exchange this autumn. * Net sales rose by 61 per cent and amounted to SEK 1,705M (1,056). Organic growth amounted to 10 per cent * Earnings before goodwill amortization increased by 52 per cent to SEK 90M (59) including items affecting comparability, equivalent to an operating margin of 5.3 per cent (5.6) * Items affecting comparability amounted to SEK 117M * Earnings after financial items amounted to SEK 197M. After

Strongest Interim Report results ever

[ I N T E R I M R E P O R T ] JAN - JUN 2000 Strongest interim results ever * Consolidated profit after financial items amounted to SEK 2,403M (286) * Profit per share amounted to SEK 18.05 (1.45) * Net asset value increased by 54 per cent during the period to SEK 97 (48) per share * Bure Health Care - name under change to Capio - improved its operating profit before goodwill by 52 per cent to SEK 90M (59). Operating margin amounted to 5.3 per cent (5.6) * Dimension's strong growth and high profitability continues. Operating profit before goodwill depreciation rose to SEK 50M (33) and at

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