Extra ordinary shareholders meeting resolved split 10:1

Extra ordinary shareholders meeting resolved split 10:1 At an extra ordinary shareholders meeting today, the shareholders of Information Highway AB (publ) resolved in accordance with the Board of Directors proposal to split the company's share 10:1. Effective date of the split will be 28 January 2000. Last day for trading with non-splited shares will be 25 January 2000. - The split of our share will make the share even more attractive, and in particular for small savers that now will find it easier to purchase larger number of shares. Those resolutions that have been passed on the two extra ordinary shareholders meetings that have been held during January, opens up for an increased trade in our shares as well as a continued expansion and growth, says Göran Wågström, CEO. The shareholders of Information Highway AB (publ) resolved to carry out a rights issue of 1,063,385 shares, prior to the proposed split 10:1, at an extra ordinary shareholders meeting held on 10 January. The issue price was determined to SEK 650 per share prior to split 10:1, which due to the split now will be SEK 65 per share. The Board of Directors was authorized by the extra ordinary shareholders meeting on 10 January to issue 3,000,000 shares, prior to the split 10:1, in connection with acquisitions of companies and business operations. Press release of the unaudited annual earning figures will be presented on 26 January. Sundbyberg 19 January 2000 Information Highway AB (publ) For more information, please contact: Göran Wågström, President, +46 (0)8 635 1520, goran.wagstrom@infohwy.se Katarina Nyberg, CFO, +46 (0)70 666 9897, Ulf Karnell, VP, Corp. Comm., +46 (0)70 514 1739. Information Highway assists companies to exploit the business opportunities presented by the new network economy. We consolidate our clients' competitiveness, making them successful in the digital arena, by providing Internet-based solutions characterised by business expertise, creativity and specialist technology skills. Information Highway was founded in 1994 and currently employs 500 people in its Business, Interactive and Technology Consulting business areas in ten locations in Sweden, as well as in Norway, Denmark, FInland and the UK. The company is quoted on the Stockholm Stock Exchange's O-list. Göran Wågström is the group CEO. Information Highway has a client base of about 200 businesses, and provides solutions for ABB, Ericsson, Telia, ATG, Fondex, SAS, Stadium, SMHI, Lufthansa, Nestlé and Locus Medicus. [More information is available at http://www.infohwy.se/ihen/] ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/19/20000119BIT00670/bit0001.doc http://www.bit.se/bitonline/2000/01/19/20000119BIT00670/bit0002.pdf