Annual General Meeting of HiQ International AB (publ)

Annual General Meeting of HiQ International AB (publ) At the Annual General Meeting of HiQ International AB on 25 May 2000, the following decisions were made: * to pay a dividend of SEK 3 per share. The record day for the dividend is Tuesday 30 May 2000. The dividend is due to be paid on Monday 5 June 2000. * to re-elect Hans Karlsson, Ken Gerhardsen and Per Östlund as Members of the Board and to elect Lars Stugemo and Carl Bildt as new Members. * to approve the Board's resolution of 24 April 2000 regarding new issue of 58,590 shares with a nominal value of SEK 1, for which payment will be made in the form of all 1,020 shares in Open Software. * to approve the Board's resolution of 24 April 2000 regarding new issue of an additional 77,749 shares with a nominal values of SEK 1, for which payment will be made in the form of all 125,000 share capital in WISE Network. * to authorize the Board to pass a resolution, before the next AGM, at one or more occasions, regarding share issues, with or without deviation from shareholders' preferential rights, of a maximum of 300,000 shares, each with a nominal value of SEK 1 (i.e. prior to the share split). This authorization includes the right to make decisions concerning share issues in kind and/or through set-off. * to approve the Board's resolution of 24 April 2000 regarding the issuing of debt instruments combined with a maximum of 60,000 detachable warrants. Every warrant entitles the holder to subscribe for a share with a nominal value of SEK 1. The right to subscribe for the debt instruments applies to the wholly owned subsidiary HiQ Data AB, which shall detach the warrants and transfer them to the Group's current and future employees. * to change the Articles of Association so that the nominal value of one share is altered from SEK 1 to SEK 0.10 through a share split (10:1). The record day for the share split is Thursday 15 June 2000. The final trading day prior to the share split is Friday 9 June 2000. HiQ International AB (publ) The Board of Directors For further information, please contact: Lars Stugemo, President and 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, the mobile Internet and simulation technology. Formed in 1992, the company is now a leader in these fields and the Nordic region is its domestic market. The Group's turnover in 1999 was SEK 223 million and it employs 330 people in Sweden, Norway and Denmark. HiQ is listed on the OM Stockholm Stock Exchange's O list. For more information, please visit our web site at www.hiq.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/25/20000525BIT01240/bit0001.doc http://www.bit.se/bitonline/2000/05/25/20000525BIT01240/bit0002.pdf