Altitun deal generates SEK 200M increase in value for Bure

Altitun deal generates SEK 200M increase in value for Bure InnovationsKapital, which was started by Bure and Chalmers in 1994, has established a position as a leading venture capital company in Sweden within Information & Communication Technology and Health Care. In 1998, InnovationsKapital made an investment in Altitun AB, which has developed advanced technology for increased transfer speed in fibre optic networks. Through today's merger Altitun and the American telecom company, ADC Telecommunication Inc. - which is listed on Nasdaq - the market value of Bure's investment has risen by more than SEK 200M. Bure has invested SEK 3M in Altitun. "We are one of the initiators of InnovationsKapital and have played an active role in the build-up of the operations which are currently operated in two different funds. Bure has a strong involvement in InnovationsKapital and accounts for 23 per cent of the investments in the funds. We are now very pleased that the values of its investment portfolio are exposed in the way that the Altitun deal shows" says Roger Holtback, President and CEO of Bure. InnovationsKapital's portfolio consists of 20 companies, of which a number are planning a stockmarket listing within one year, for example BioInvent, Carmen Systems, Kreatel Communications, Red Message and Spotfire. Gothenburg, 5 May 2000 Investment AB Bure (publ) For further information, please contact: Knut Leman, Head of corporate communication, Bure +46 31-335 76 75, 705-11 76 75 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/05/20000505BIT01170/bit0001.doc http://www.bit.se/bitonline/2000/05/05/20000505BIT01170/bit0002.pdf