Mandator's New Share Issue Fully Subscribed

Mandator implemented a new share issue with preferential rights for the company's shareholders during the period 19 April to 4 May 2004. The issue was oversubscribed and provides the company with SEK 109 million before issue costs.

"The successful implementation of the new share issue shows strong support from our shareholders and confirms their belief in Mandator and the IT market," says President and CEO Niklas Flyborg. "The issue provides the financial stability required for our company to continue to develop positively. We will conduct limited optimisation measures within the Group and be able to participate in the continued consolidation of the industry."

The new issue entails an increase in the number of shares of 109,281,694 making a new total of 169,172,541 shares.

For more information, please contact:
Niklas Flyborg, President and CEO, Mandator, Tel. +46 705 949 678