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Watchtower has increased its holding in Telelogic to 98.7%

This Offer is not being made nor will any tender of shares be accepted from or on behalf of holders in any jurisdiction in which the making of the Offer or the acceptance of any tender of shares therein would not be made in compliance with laws of such jurisdiction. The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan or South Africa. The Offer is being treated in the United States as one to which the “Tier II” exemption mentioned in Rule 14d-1(d) under the U.S. Securities Exchange Act of 1934 is applicable. The press release has been published in Swedish

Watchtower completes the recommended cash offer to the shareholders in Telelogic

This Offer is not being made nor will any tender of shares be accepted from or on behalf of holders in any jurisdiction in which the making of the Offer or the acceptance of any tender of shares therein would not be made in compliance with laws of such jurisdiction. The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan or South Africa. The Offer is being treated in the United States as one to which the “Tier II” exemption mentioned in Rule 14d-1(d) under the U.S. Securities Exchange Act of 1934 is applicable. The press release has been published in Swedish

Watchtower has received necessary regulatory approvals in relation to the recommended cash offer to the shareholders in Telelogic

This Offer is not being made nor will any tender of shares be accepted from or on behalf of holders in any jurisdiction in which the making of the Offer or the acceptance of any tender of shares therein would not be made in compliance with laws of such jurisdiction. The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan or South Africa. The Offer is being treated in the United States as one to which the “Tier II” exemption mentioned in Rule 14d-1(d) under the U.S. Securities Exchange Act of 1934 is applicable. The press release has been published in Swedish

Watchtower extends the acceptance period in relation to the recommended cash offer to the shareholders in Telelogic

This Offer is not being made nor will any tender of shares be accepted from or on behalf of holders in any jurisdiction in which the making of the Offer or the acceptance of any tender of shares therein would not be made in compliance with laws of such jurisdiction. The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan or South Africa. The Offer is being treated in the United States as one to which the “Tier II” exemption mentioned in Rule 14d-1(d) under the U.S. Securities Exchange Act of 1934 is applicable. The press release has been published in Swedish

Watchtower extends the acceptance period in relation to the recommended cash offer to the shareholders in Telelogic

International Business Machines Corporation (“IBM”), through its indirect wholly-owned subsidiary Watchtower AB (“Watchtower”) (previously Goldcup D 2933 AB), a Swedish private limited liability company, announced on June 11, 2007 a recommended public cash offer to the holders of all issued and outstanding shares in Telelogic AB (publ) (“Telelogic”), to tender all Telelogic shares to Watchtower (the “Offer”). The Offer has been unanimously recommended by the Board of Directors of Telelogic.On July 30, 2007 Watchtower announced an extension of the acceptance period of the Offer until 17.00

Watchtower extends the acceptance period in relation to the recommended cash offer to the shareholders of Telelogic

International Business Machines Corporation (“IBM”), through its indirect wholly-owned subsidiary Watchtower AB (“Watchtower”) (previously Goldcup D 2933 AB), a Swedish private limited liability company, announced on June 11, 2007 a recommended public cash offer to the holders of all issued and outstanding shares in Telelogic AB (publ) (“Telelogic”), to tender all Telelogic shares to Watchtower (the “Offer”). The Offer has been unanimously recommended by the Board of Directors of Telelogic.The European Commission has taken jurisdiction over the matter concerning regulatory clearance

Offer Document Made Public in Relation to the Recommended Cash Offer to the Shareholders of Telelogic

This Offer is not being made nor will any tender of shares be acceptedfrom or on behalf of holders in any jurisdiction in which the making ofthe Offer or the acceptance of any tender of shares therein would not bemade in compliance with laws of such jurisdiction. The Offer is notbeing made, directly or indirectly, in or intoAustralia, Canada, Japanor South Africa. The Offer is being treated in the United States as oneto which the “Tier II” exemption mentioned in Rule 14d-1(d) under theU.S. Securities Exchange Act of 1934 is applicable. The press releasehas been published in

IBM Announces a Recommended Cash Offer of SEK 21 per Share in Telelogic

International Business Machines Corporation (“IBM”), through its indirect wholly-owned subsidiary Goldcup D 2933 AB (with a proposed change of name to Watchtower AB) (“Watchtower”), a Swedish private limited liability company, today announces a recommended public cash offer to the holders of all issued and outstanding shares in Telelogic AB (publ) (“Telelogic”), to tender all Telelogic shares to Watchtower (the “Offer”). Telelogic is listed on the Stockholm Stock Exchange (Stockholmsbörsen), under the symbol TLOG.Summary• The offer price is SEK 21 in cash for each Telelogic share (the “

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