Rights issue in Observer fully subscribed

Rights issue in Observer fully subscribed The rights issue in Observer approved by an extraordinary general meeting on March 18, 2002 has been 100-percent subscribed, providing Observer with proceeds of approximately SEK 400 million after issue expenses. The rights issue raises the number of shares in Observer by 11,194,276 to 67,165,658 shares. Following the issue, the share capital amounts to SEK 100,748,487. The newly issued shares are expected to be available for trading on Stockholmsbörsen from on or about May 22, 2002 Observer AB (publ) Carnegie is financial adviser to Observer. For further information, please contact: Anders Lundmark, Chief Financial Officer, telephone: +46 8 507 417 23/ +46 70 333 29 77, e-mail: anders.lundmark@observergroup.com Per Blixt, Senior VP Corporate Communications, telephone: +46 8 507 410 12/ +46 70 549 28 08, e-mail: per.blixt@observergroup.com Facts about Observer AB Observer AB, quoted on the O-list (Attract 40) of Stockholm Stock Exchange, operates in the field of business and communication intelligence, with media and market monitoring, analysis and communication evaluation, target group identification and distribution of information for PR and IR purposes. Observer AB has an annual turnover of nearly SEK 1.9 billion and around 2,700 employees in the U.S, UK, Sweden, Canada, Germany, Norway, Finland, Denmark, Portugal, Ireland, Estonia, Latvia and Lithuania. This press release is also available online at www.observergroup.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/04/22/20020422BIT00830/wkr0001.doc http://www.waymaker.net/bitonline/2002/04/22/20020422BIT00830/wkr0002.pdf