Extraordinary General Meetings in Tripep

The Extraordinary General Meetings in Tripep AB (publ) on 19 December 2007 resolved to approve the proposals by the Board of Directors to amend the articles of association and to carry out a rights issue.
Tripep will raise SEK 24.1 million through the rights issue excluding costs, which are estimated to SEK 1.9 million. The subscription of the new issue has been fully guaranteed through subscription undertakings and guarantee agreements.
Rights issue
The following terms and conditions apply on the rights issue
• The number of shares to be issued shall not exceed 48,260,870
• The subscription price shall be SEK 0.50 per share
• Each existing share shall entitle to subscription for one new share
• For each subscribed share a warrant will be received at no cost. Two warrants entitle the holder to subscribe for one new share at SEK 1.00 during the period 1 April, 2008 – 30 September, 2009. A maximum of 48,260,870 warrants will be issued, which will entitle to subscribe for a maximum of 24,130,435 shares. If all warrants are exercised the Company will raise another approx. SEK 24.1 million.
• The subscription of the new issue is fully secured through subscription undertakings and guarantees issued by Erik Selin Fastigheter AB, Rutger Smith and Thomas Lynch.
Time plan for the new issue
• Last day for trading in the share including the right to participate in the new issue is 7 January, 2008
• The record date is 10 January 2008
• A prospectus is expected to be announced around 21 December, 2007.
• The period for subscription with pre-emption rights is 16 – 30 January, 2008
• Trading in subscription rights takes place during the period 16 – 25 January, 2008


For more information, please contact:

Jan Nilsson, CEO, Tripep AB
Tel: +46 8 449 84 80, mobile phone: +46 70 466 31 63
E-mail: jan.nilsson@tripep.se

Anders Vahlne, Head of Research, Tripep AB
Tel: +46 8 5858 1313, mobile phone: +46 709 28 05 28
E-mail: anders.vahlne@ki.se