JCE holds 23.4% in Semcon and closes the Offer

This is an unauthorised translation of the Swedish press release. In case of any discrepancies between the different versions, the Swedish version shall prevail.

This press release is not and may not, directly or indirectly, be distributed or made public in the United States of America, Australia, Japan or Canada or any other country where such distribution requires registration or any other measures than those required by Swedish law. The Offer is not being made to persons in those jurisdictions or elsewhere, whose participation requires further documentation, filings or other measures in addition to those required by Swedish law.

On 2 October 2006, JCE Group AB ("JCE") announced a public offer to the shareholders of Semcon AB ("Semcon") to tender all shares to JCE for SEK 65 per share in cash (the "Offer"). On 23 November 2006, JCE completed the Offer and declared it unconditional. At the end of the extended acceptance period for the Offer on 12 December 2006, shareholders holding 3 744 969 shares in Semcon, representing approximately 21.1 percent of the capital and the votes, had accepted the Offer.

JCE has acquired 404 200 shares separately from the Offer, representing approximately 2.3 percent of the capital and the votes. Together with the received acceptances, JCE holds 4 149 169 shares in Semcon representing approximately 23.4 percent of the capital and the votes in Semcon.

There will be no further extension of the acceptance period, and thus the Offer is closed. For shareholders who have accepted the Offer during the extended acceptance period, settlement will commence around 19 December 2006.

Through a separate press release, JCE has today announced the outcome of the offer to the shareholders of Cybercom Group Europe AB and that the offer has been closed.

"I am very happy and proud of JCE now being a major shareholder in such a competent and well-reputed company as Semcon. For me it is also very important that the company's employees shall feel confident with the new shareholder structure as well as commitment and support from the board of directors and shareholders so that the management and all employees can fully focus on developing the business at the best. From our current shareholder position, JCE is given the opportunity to manage a long-term ownership responsibility. Thus, JCE looks very much forward towards an active participation in running and developing Semcon in the future", says JCE's Chairman of the board and CEO J Christer Ericsson.


Gothenburg, 13 December 2006

JCE Group AB

The Board



For further information, please contact:

CEO, Consafe IT AB: Per Edlund
Phone: +46 (0) 8 792 95 00
Mobile: +46 (0) 708 28 93 56

Chairman of the board and CEO, JCE Group AB: J Christer Ericsson
Phone: +46 (0) 31 759 55 00
Mobile: +46 (0) 708 19 91 30