Bure increases its ownership in Cygate AB from 62% to 69%

Bure strengthens its ownership in one of Sweden's fastest growing companies Bure increases its ownership in Cygate AB from 62% to 69% Bure strengthens its ownership in one of Sweden's fastest growing companies, Cygate, which is the leading supplier of infrastructure solutions for the new Internet economy. Bure increases its ownership from 62 to 69 per cent by acquiring additional shares from Amieira Holding BV. At the same time, Bure has divested its entire holding in the data distributor, Axnet AB. Cygate in placed tenth in this year's issue of the Growth List published by SVD and Ahrens & Partners. The Group has reported an average growth rate of 49 per cent over the past five years. Bure's ownership should be seen in the light of Cygate's continued expansion plans. This year, Cygate acquired the leading network integrator in Lithuania, Taide. Cygate is now established in six countries around the Baltic. "- It is very pleasing that Cygate has been able to advance so rapidly on the Growth List. We note continuously increasing demand for Cygate's services which paves the way for significant growth also in the future", says Björn Boldt-Christmas, Head of IT investments in Bure. About Cygate Cygate is the leading supplier of infrastructure solutions for the new Internet economy and concentrates on developing, constructing and maintaining reliable, efficient and long-term sustainable networks. Much of the operations is concentrated on creating efficient and profitable solutions for the Internet in safety, IT management, network integration and system development. The Cygate AB Group was formed in June 1999 when Bure-owned Salcom was merged with Santa Monica Software OY. The Parent Company is located in Stockholm and the company has offices in Finland, Denmark, Poland as well as in Estonia and Lithuania. The Cygate Group has 230 employees and sales of approximately SEK 700M. Gothenburg, 27 June 2000 Investment AB Bure (publ) For further information, please contact: Göran Marby, President of Cygate +46 706-30 50 16 Christina Sjölund, Vice President of IR and Communications, Cygate +46 706-30 50 15 Ulrika Stenson, Investor Relations, Bure +46 705- 90 07 23 www.cygategroup.com www.bure.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/27/20000627BIT00930/bit0001.doc http://www.bit.se/bitonline/2000/06/27/20000627BIT00930/bit0002.pdf