Diversification of ownership in Frango - Guy Davison divests shares

Diversification of ownership in Frango - Guy Davison divests shares One of Frango's principal owners, Board member Guy Davison, has today through Enskilda Securities sold 165,000 Series A shares and 695,500 Series B shares in Frango AB, which together represent 29.9% of the votes and 17.6% of the capital in the company after full conversion. After the sale, Guy Davison has 18,000 Series B shares, corresponding to 0.2% of the votes and 0.4% of the capital in the company. For additional information please contact: Guy Davison, Member of the Board of Frango AB tel +32 475 418 764 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/31/20011031BIT00190/bit0001.doc http://www.waymaker.net/bitonline/2001/10/31/20011031BIT00190/bit0001.pdf