CHANGE IN NUMBER OF OUTSTANDING SHARES IN HiQ DURING NOVEMBER

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As of the 30 November 2010 the number of outstanding shares in HiQ International AB amount to 51 896 123 shares, following an increase of the number of shares of 290 865 shares in total. These shares were issued in connection with the previously communicated acquisition of Frends Technology OY.

For further information, please contact:
Fredrik Malm, CFO and Head of IR HiQ, tel: +46 8 588 90 000,
+46 704 200 017

HiQ discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. This press release was submitted for publication at 14:00 CET on 30 November 2010

HiQ is an IT and management consultancy company focusing on high-tech solutions in the fields of communications, software development and simulation technology. The company is a leading player in these fields and the Nordic region is its domestic market. HiQ employs more than 1,000 people at offices in the Nordic region and Eastern Europe. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap. For more information, please visit www.hiq.se