Framfab Has Secured SEK 158 Million in the First New Share Issue

Framfab Has Secured SEK 158 Million in the First New Share Issue Strategic investors have subscribed to a total of SEK 158 million in the first of two issues of new shares that Framfab has announced. This will be announced by the company today at the shareholders meeting. "This is extremely positive for the company. We continue to have positive discussions with investors and feel confident that the issue of new shares will be successful and that we will raise a total of SEK 175 million", said Sven Skarendahl, Chairman Framfab. After the completion of the directed issue of new shares, a second phase commences, an issue of new shares with pre-emption rights for existing shareholders amounting to a maximum of SEK 150 million. A number of major private shareholders of Framfab have already announced their intention to subscribe in this issue of new shares. These shareholders include Johan Wall, CEO, Sven Skarendahl, Chairman, Ken Ceder, Peter Svanfeldt, Mattias Söderhielm, among others. The issue of new shares with pre-emption rights for existing shareholders will only take place if all 175 million shares are subscribed to in the directed issue of new shares and if the extraordinary shareholders' meeting approves the decision of the board to issue the new shares. For more information, please contact: Sven Skarendahl, Chairman of the Board, Framfab Tel: +46 8 545 258 00 Leif Andersson, VP Corporate Communications, Framfab Tel: +46 709 41 22 32, leif.andersson@framfab.se Framfab is a global internet consultancy, delivering digital services based on internet technology. Framfab has offices in Austria, Bulgaria, Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Switzerland, Sweden, the UK and the US. Many large global groups work with Framfab, including 3M, AstraZeneca, AXA, Bosch, Carlsberg, Electrolux, France Telecom, I K E A, the International Red Cross, le Groupe Pernod Ricard, Kellogg's, Packard-Bell, Nike Europe, SAAB, SAS, Viag Interkom, Volvo Car Corporation and AB Volvo. Framfab is listed on the OM Stockholm Exchange's Attract 40 list (ticker FTID). For more information, please visit www.framfab.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/22/20010522BIT01130/bit0002.doc http://www.bit.se/bitonline/2001/05/22/20010522BIT01130/bit0002.pdf