Institutional shareholders intent on subscribing to new share issue

Institutional shareholders intent on subscribing to new share issue in Cell Network Institutional shareholders in Cell Network, whose ranks include Skandia, who together represent 12,427,630 shares and 13.73 % of the capital have stated their intention to exercise the subscription rights they hold and subscribe to their share of the new issue. In addition, the President and CEO, Niklas Flyborg, and as previously informed, the chairman of the Board of Directors Lars Olof Pettersson, together representing 9,657,630 shares and 10.67 % of the capital have stated that they intend to subscribe to their share of the new issue. For more information: Arvid Liepe, Dir. Investor Relations, Cell Network, Phone: +46 8 5220 4053, +46 (0)709 565185 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/29/20010529BIT00890/bit0001.doc http://www.bit.se/bitonline/2001/05/29/20010529BIT00890/bit0001.pdf