Annual General Meeting in HiQ International AB (publ)

The following resolutions were adopted at the Annual General Meeting in HiQ International AB on 27 April 2006: • The General Meeting resolved on a dividend of SEK 2.10 per share. The record day in respect of the dividend is Wednesday 3 May 2005. The dividend is expected to be distributed by VPC AB on Monday 8 May 2005. • Ken Gerhardsen, Lars Stugemo, Carl Bildt, Anders Ljungh, Leila Swärd, Christina Ragsten Pettersson and Jukka Norokorpi were re-elected as members of the Board of Directors. The General Meeting resolved to appoint Anders Ljungh as Chairman of the Board of Directors. • The annual meeting decided to issue not more than 1,250,000 warrants. Each warrant shall entitle the holder to subscribe for one new share. For not more than 900,000 warrants of Series I, the exercise price shall correspond to 110 per cent of the average exchange quotation of the Company’s shares on the Stockholm Stock Exchange during the period commencing 27 April 2006 up to and including 11 May 2006, and for warrants of Series II, the exercise price shall correspond to 110 per cent of the average exchange quotation of the Company’s share on the Stockholm Stock Exchange during a period commencing 26 October 2006 up to and including 8 November 2006. The issued warrants shall be subscribed for by HiQ Data AB - a wholly owned subsidiary of HiQ International AB - whereby this company shall offer the warrants to employees within the HiQ Group. HiQ Data AB may subscribe and transfer no more than in total 1,250,000 warrants of Series I and II. If all 1,250,000 warrants are exercised, the share capital of the Company will increase by SEK 125,000 corresponding to a dilution of approx. 2.5 per cent of the Company’s share capital and votes after dilution. Considering previously adopted incentive programmes for employees, the total dilution amounts to approx. 5.0 per cent. • The General Meeting resolved in accordance with the proposal by the Board of Directors to authorise the Board of Directors to resolve on issues of shares against payment in kind of no more than 4,900,000 shares, at one or several occasions, during the period until the next Annual General Meeting in connection with acquisitions. • The General Meeting resolved to adopt a new wording of the Articles of Association. The amendments mainly implies that the number of shares in the Company shall be no less than forty million and no more than one hundred and sixty million, that notices to call a General Meeting shall be made through publications in Post- och Inrikes Tidningar and in Svenska Dagbladet, that a shareholder that wishes to participate in the General Meeting are to be registered as a shareholder in a print-out or in another form of registered shareholders no later that five weekdays before the General Meeting, along with additional changes as a direct consequence of the new Companies Act or that are of editorial character. • The General Meeting also resolved to establish a Nomination Committee according to the following principles. The Chairman of the Board of Directors shall no later than at the end of the third quarter convene the four major shareholders in the company, which each are to elect one representative to the Nomination Committee. In addition, the Chairman of the Board of Directors can be elected to be a part of the Nomination Committee. The names of the representatives of the Nomination Committee shall be announced in connection with the publishing of the company’s interim report for the third quarter 2006. The Nomination Committee shall prepare and at the general meeting leave proposals regarding election of Chairman of the Board of Directors along with other members of the Board of Directors; fees to the members of the Board of Directors divided between the Chairman and other members as well as compensation for work in committees; election of and fee to the auditors and (where appropriate) any deputy auditors; decisions on principles regarding election of the Nominating Committee; and Chairman for the Annual General Meeting HiQ International AB (publ) The Board of Directors For further information, please contact: Lars Stugemo, President and CEO HiQ, tel.: +46 (0)8-588 90 000 Annika Billberg, Head of Corporate Communications and Investor Relations Manager HiQ, tel.: +46 (0)8-588 90 015, +46 (0)704-200 103.