Intentia International AB - statement regarding convertible offering

Intentia International AB - statement regarding convertible offering Not for release into the United States, Canada or Japan. This press release is for information purposes only. It is not an offer to sell or a solicitation of an offer to buy any securities. Further to Intentia International AB's extraordinary general meeting held on 24 June, 1999, the Company's Board of Directors resolved at a meeting today to proceed with an offering of subordinated convertible notes. This offering, for which an offering circular will be published, entitles conversion into a maximum of 4,000,000 Series B shares of the Company and will not be subject to shareholders' preferential rights. The offering is expected to be in the form of five year @uro denominated notes, issued and redeemable at par. The notes will be provisionally callable by Intentia after year three if the share price is greater than or equal to 130% of the conversion price. Intentia has appointed Lehman Brothers as bookrunner and lead manager of this transaction. In conjunction with this offering, Intentia's senior management will be conducting an investor roadshow across Europe. For further information please contact: Hans Nedenius Vice President and Corporate Legal Counsel Intentia International AB Telephone: +46 8 444 5602 Tim Lindberg Executive Director - Nordic Equity Capital Markets Lehman Brothers Telephone: +44 171 260 2613 Viswas Raghavan Director - Equity-linked Capital Markets Lehman Brothers Telephone: +44 171 260 2124 Company information: www.intentia.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/06/29/19990629BIT00380/bit0001.doc http://www.bit.se/bitonline/1999/06/29/19990629BIT00380/bit0002.pdf