Annual General Meeting in HiQ International AB (publ) on 26 April 2001

Annual General Meeting in HiQ International AB (publ) on 26 April 2001 The Board of Directors in HiQ International AB (publ) calls to an Annual General Meeting that will take place on Thursday, April 26th 2001 at 6.00 p.m. at the company's premises in Stockholm at Sveavägen 17, 17th floor, see attached notice. At the general meeting inter alia the following proposals will be presented: · The Board of Directors proposes that dividends shall be paid in an amount of SEK 0.50 per share. The proposed record day is Wednesday, May 2nd 2001. If the general meeting adopts a resolution in accordance with the Board of Directors' proposal, the dividend is expected to be paid out by VPC AB on Monday, May 7th 2001. · The Board of Directors' proposal to issue subordinated debentures in four series with not more than 830,000 detachable warrants attached. Each warrant entitles the holder to subscribe for one share in HiQ International AB at a subscription price amounting to 110 percent of the average exchange quotation of the company's shares during the period commencing May 2nd 2001 up to and including May 15th 2001 (Series I), during a ten day period after the interim report for the two first quarters of the year 2001 is submitted (Series II), during a ten day period after the interim report for the three first quarters of the year 2001 is submitted (Series III) and during a ten day period after the press release of unaudited annual earnings figures is submitted (Series IV). All warrants may be exercised during a period of about two years from the date the subscription price was established. The right to subscribe for debentures shall inure to the wholly owned subsidiary HiQ Data AB, which shall detach and transfer the warrants to current and future employees. In the event all warrants are exercised, the share capital of the company will increase by SEK 83,000 approximately corresponding to 1.9 per cent of the share capital. In consideration of previously adopted option plans to the employees, the total dilution amounts to approximately 3.9 percent. · The Boars of Directors' proposal to authorise the Board to issue a maximum of 4,000,000 new shares, at one or more occasions, during the period until the next annual general meeting, with or without divergence from the shareholders' pre-emptive rights. The authorisation is proposed to include right to resolve on non-cash issues. · The Board of Directors' propsal that § 8 of the company's Articles of Association shall be changed in order for notice to the shareholders' meeting shall be made through public notice in Post- och Inrikes Tidningar and in Svenska Dagbladet or other newspaper having a nation-wide coverage. · Shareholders representing about 30 percent of the total number of votes propose re-election of the directors Hans Karlsson, Ken Gerhardsen, Per Östlund, Lars Stugemo and Carl Bildt and new election of Anders Ljungh. For further information, please be referred to the attached notice. HiQ International AB (publ) The Board of Directors With questions, please contact: Lars Stugemo, CEO HiQ International, tel. +46 8 588 90 000. HiQ is an IT and management consultancy focusing on high-tech solutions in the fields of telecoms, mobility and simulation technology. The company is a leader in these fields and the Nordic region is its domestic market. HiQ employs over 425 people at offices in Sweden, Norway, Denmark and Finland. HiQ is listed on the OM Stockholm Exchange. For more information, please visit our web site at www.hiq.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/21/20010321BIT00290/bit0001.doc http://www.bit.se/bitonline/2001/03/21/20010321BIT00290/bit0001.pdf