Trading in Information Highway and Connecta shares stopped

Trading in Information Highway and Connecta shares stopped After consultation with the OM Stockholm Stock Exchange's Market Issues Committee, trading in Information Highway AB's and Connecta AB's shares on the OM Stockholm Stock Exchange was stopped. Further information will be released on Tuesday, March 21, 2000. A pressconference will be held on Tuesday, March 21, 2000, 10 am at Industrihuset, room Wallenbergaren, Storgatan 19, Stockholm, Sweden. The pressconference will be broadcasted (in Swedish) on the web. Link (address) will be available on the Information Highway public website, http://www.ih.com. Stockholm, March 20, 2000 Information Highway AB (publ) Connecta AB (publ) Press contacts Göran Wågström, CEO Information Highway, tel +46 (0)8 635 15 00, +46 (0)70 526 27 58, goran.wagstrom@infohwy.se Johan Wieslander, Deputy CEO Connecta, tel +46 (0)8 412 30 62, johan.wieslander@connecta.se Ulf Karnell, Senior VP Corporate Communications Information Highway, tel +46 (0)70 514 17 39, ulf.karnell@infohwy.se Anders Swensson, CFO Connecta, tel +46 (0)8 412 30 23, +46 (0)70 346 22 78, anders.swensson@connecta.se Merger between Connecta and Information Highway The Boards of Directors of Connecta and Information Highway have agreed to recommend to their shareholders that the two companies merge on equal terms. The merger will create one of Europe's leading internet consulting firms and establish a platform for further, rapid international expansion. Today, the combined entity employs approximately 1,200 people with the aim of increasing the workforce to 2,000 by year-end. About Connecta [www.connecta.se] Connecta AB is an Internet consulting enterprise active in Internet business development. The company provides services through Strategy, Internet and Human Resource Management practice areas. With its total concepts, Connecta is able to serve as a full-range provider to major corporations and non-profit organisations, offering consulting services that consolidate clients' capacity to do business in the new, digital economy. Connecta was incorporated in 1993, and currently has around 580 employees. The Connecta share is quoted on The OM Stockholm Stock Exchange O-list (Ticker CNTA). Christer Jacobsson is Connecta's CEO. Connecta provides solutions for clients including SEB, Skandia, Ericsson, Folksam, Scania, Statoil, Volkswagen and Thompson Travel Group (Fritidsresor). About Information Highway [www.ih.com] Information Highway assists companies in exploiting the business opportunities presented by the new network economy, consolidating client competitiveness, making them successful in the digital arena by providing Internet-based solutions characterised by business expertise, creativity and leading-edge technology skills, essentially offering "a safe ride to The New Economy". Information Highway was founded in 1994 and currently employs 600 people in its Business, Interactive and Technology Consulting practice areas at ten locations in Sweden and in Norway, Denmark, Finland and the UK. The share is quoted on the OM Stockholm Stock Exchange O-list (Ticker IHWY). Göran Wågström is Information Highway's CEO. Information Highway provides solutions for ABB, Ericsson, Telia, SAS, Vattenfall, Lufthansa, Codan, Telenor and Swiss Valore. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/20/20000320BIT00310/bit0001.doc http://www.bit.se/bitonline/2000/03/20/20000320BIT00310/bit0002.pdf