GENOVIS: THE NEW SHARE ISSUE WAS OVERSUBSCRIBED

Genovis AB (publ) has carried out its earlier published new share issue with preferential rights to existing shareholders. There has been a high interest and the new share issue is fully subscribed.

98 % of the new share issue was subscribed with preferential rights. The rest of the shares were subscribed without preferential rights within the frame of the highest amount of the issuing. The issuing ensures Genovis approximately 14 MSEK after issue expenses. The number of shares increased from 8,708,987 to 10,886,233.
Contract note and notification of allotment of shares subscribed without subscription rights is estimated to be sent out around the April 14, 2008.