Framfabs extraordinary general meeting decides to go ahead with Guide offer
Stockholm, December 23, 1999 Through the issue, the number of shares in Framfab may increase by up to 2 160 000 each share with a par value of SEK 0.80. It was further decided to authorize the Board of Directors to issue up to 900 000 new shares, to be offered to institutional investors in the stock market in order to raise capital for the company's business, and up to 800 000 new shares, for the completion of the acquisition of 90 percent of the shares of Mindfact. For more information please contact: Johan Haeggman, CFO Framfab +46 8 545 258 00, johan.haeggman@framfab.se, or Martin Anderlind, Market Communications Framfab, +46 70 658 85 42, martin.anderlind@framfab.se, www.framfab.com Framfab's business concept is to create new business for the network economy through strategic consulting and digital services. Framfab today has over 750 employees (1500 incl. Guide) divided among 22 offices located in Cologne, Copenhagen, Gothenburg, Linköping, London, Lund, Malmö, Palo Alto, Paris, Stockholm, Uppsala and Västerås. Framfab is the general supplier of Internet services to Volvo Car Corporation, the Volvo Group, Vattenfall, IKEA and Electrolux. Among other clients are 3M, AstraZeneca, AXA, Ericsson, France Telecom, lastminute.com, Stanford University, The Red Cross, The SAAB Group, Tele Danmark and Unibank. Framfab is listed on the Stockholm Stock Exchange's "O" list (ticker FTID). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/23/19991223BIT00020/bit0001.pdf http://www.bit.se/bitonline/1999/12/23/19991223BIT00020/bit0002.doc