Changes in notice of extra general meeting of shareholders 10 January 2000 and notice of extra general meeting of shareh

Changes in notice of extra general meeting of shareholders 10 January 2000 and notice of extra general meeting of shareholders 19 January 2000. The Board has today decided to revise its notice of extra general meeting of shareholders, given 10 December 1999, and to call an extra general meeting of shareholders on the 19 January 2000. The Board has this Monday received information that the computer system of VPC AB ("VPC") can not handle more than two decimals, i.e. amounts below one öre. This information means that the proposal of the board, to change the nominal value of the share from one (1) krona to twelwe and a half (12,5) öre (i.e. split 8:1) can not be executed by VPC. The Board there- fore instead proposes, in a revised notice, that the proposal of split 8:1 is omitted and that as a consequence hereof certain changes are made in other items on the agenda. The Board has furthermore decided that a new proposal, for split 10:1 of the share of the company shall be submitted, and to give notice of an extra general meeting of shareholders on 19 Janu- ary 2000 to take such a decision. The information with regard to the limitations in VPC's system has been received by the Board in such time that no changes will be necessary in the time schedule for the proposed and planned issue of new shares with priority for existing shareholders. The essential effect of the informa- tion is that two general meetings of shareholders will have to be held, instead of one, and that the relation in the split will be 10:1. - The decision now taken is an effect only of the limitation in VPC's system and has nothing to do with the advantageous development of the stock-exchange rate of the IH share. Given the recent development in the stock-exhange rate we do however not see any disadvantage in the fact that the board now has to propose a split 10:1, says Göran Wågström, Group CEO and president of Information Highway. The consequence of the new proposal is that the general meeting of share- holders on 10 January 2000 will be held as planned, and that a new extra general meeting will be held on 19 January 2000. The changes in the previ- ous notice and the notice of a new general meeting of shareholders will be announced in customary order in Post- and Inrikes Tidningar and in Svenska Dagbladet. Sundbyberg 20 December 1999 Information Highway AB (publ) For further information: Katarina Nyberg, CFO Information Highway, tel +46 8 635 15 14 Ulf Karnell, VP Corporate Communications Information Highway, +46 705 14 17 39. Information Highway's mission is to assist customers in exploiting the full potential of the digital arena and the network economy. We work in close partnership with our customers in order to provide the services needed to develop their businesses, expand their horizons and realise their visions. Information Highway was founded in 1994, and now has around 450 people working in its Business, Interactive and Technology Consulting business areas at nine locations in Sweden, as well as in Norway, Denmark, Finland and the UK. The company's share is quoted on the Stockholm Stock Exchange's O-list. Göran Wågström is the group CEO. Information Highway has a client base of around 200 businesses, and provides solutions for ABB, Ericsson, Telia, ATG, Fondex, SAS, Stadium, SMHI and LocusMedicus. (More information on http://infowhwy.se). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/21/19991221BIT00620/bit0001.doc http://www.bit.se/bitonline/1999/12/21/19991221BIT00620/bit0002.pdf