Framfab's EGM decided to strengthen long term financial position

Framfab's EGM decided to strengthen long term financial position Today Framfab's extraordinary general meeting decided to enter an agreement with Credit Suisse First Boston Europe Ltd. (CSFB) that gives Framfab access to future funding. During a three-year period, the agreement enables Framfab to issue new shares with a maximum value of SEK 375 million. The proceeds will be raised in a number of smaller tranches during the period. CSFB's Convertible Finance Group will subscribe to the newly issued shares at market price and predetermined terms and conditions. For more information please contact: Sofia Ericsson, VP Mergers and Acquisitions Framfab, +46 709 41 21 35, Ola Kallemur, Press Relations Manager Framfab, +46 709 41 21 11 Framfab is a global Internet consulting company whose mission is to create new business for the network economy with the help of strategic counseling and digital services. Internet consulting operations are supported by Framfab Boosters, Framfab Software and Framfab Labs. Framfab runs operations in Austria, Bulgaria, Denmark, France, Italy, the Netherlands, Norway, Switzerland, Spain, UK, Sweden, Germany and the US. Framfab's customers include 3M, AstraZeneca, AXA, Danske Bank, Electrolux, Ericsson, Expressen, le Groupe Pernod Ricard, IKEA, JP Morgan, Nike Europe, Packard Bell, SAAB, Vattenfall, Volvo Car Corporation and the Volvo Group. Framfab is listed on the OM Stockholm Exchange's Attract 40 List (ticker FTID). ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/12/20010112BIT00540/bit0001.doc http://www.bit.se/bitonline/2001/01/12/20010112BIT00540/bit0002.pdf