The Board of Directors of HiQ International AB decided on 24 April 2000 to implement the following non-cash issues and w

The Board of Directors of HiQ International AB decided on 24 April 2000 to implement the following non-cash issues and warrant issues, conditional on the approval of the Annual General Meeting to be held on 25 May 2000: - the issue of 58,590 shares with a nominal value of SEK 1 each. Payment will take the form of all 1,020 shares in Open Software. - the issue of an additional 77,749 shares with a nominal value of SEK 1 each. Payment will take the form of all 125,000 shares in WISE Network. - the issue of debt instruments with a maximum of 60,000 detachable warrants. Each warrant entitles the holder to subscribe for one (1) share with a nominal value of SEK 1. The wholly owned subsidiary HiQ Data AB has the right to subscribe to the debt instruments, and shall detach and transfer the warrants to its existing and future employees. HiQ INTERNATIONAL AB (publ) The Board of Directors For more information, please contact: Lars Stugemo, CEO and President of 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. The company was formed in 1992 and is one of the leaders in these fields. The Nordic region is its domestic market. The Group's turnover was SEK 233 million in 1999 and it has 330 employees 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/2000/04/26/20000426BIT00860/bit0001.doc http://www.bit.se/bitonline/2000/04/26/20000426BIT00860/bit0002.pdf