IBS' new issue fully subscribed

IBS' new issue fully subscribed IBS' new issue of 500,000 B shares has now been fully subscribed by major institutional investors, at an average price of SEK 320 per share. Following this issue, the number of outstanding IBS shares is 15.8 million. IBS AB, with headquarters in Stockholm, is listed at the Stockholm Stock Exchange. The IBS Group is a world-leading international supplier of Internet-integrated business systems and professional services. IBS has a revenue of some SEK 3bn, and some 2,400 employees and 5,000 customers in more than 40 countries. For more information, please contact: Staffan Ahlberg, CEO, IBS Tel: +46 8 627 2420, +46 70 627 2420 Email: staffan.ahlberg@ibs.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/23/20000323BIT00980/bit0001.doc http://www.bit.se/bitonline/2000/03/23/20000323BIT00980/bit0002.pdf