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  • Permission to implement the merger between Framfab and LB Icon granted by the Swedish Companies Registration Office. The merger is expected to be registered on July 31, 2006.

Permission to implement the merger between Framfab and LB Icon granted by the Swedish Companies Registration Office. The merger is expected to be registered on July 31, 2006.

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The Swedish Companies Registration Office (the “SCRO”) has granted Framfab AB (“Framfab”) and LB Icon AB (“LB Icon”) permission to implement the merger between the two companies, as resolved upon at Framfab’s Extraordinary General Meeting and LB Icon’s Annual General Meeting on May 30, 2006, respectively. As merger consideration, shareholders in LB Icon will receive one new share in Framfab for each share in LB Icon. It is the companies’ intention that the SCRO shall register the merger as well as the related issue of new Framfab shares on July 31, 2006. As a consequence of the SCRO registering the merger, LB Icon will be dissolved. LB Icon has consequently applied for a delisting from the Stockholm Stock Exchange and Euronext in Amsterdam effective August 1, 2006. For technical reasons, the last day of trading in LB Icon shares on the Stockholm Stock Exchange will be July 26, 2006, while the last day of trading of LB Icon shares on the Euronext will be July 31, 2006. As previously announced Framfab will be listed on Eurolist by Euronext in addition to its current listing on the Stockholm Stock Exchange. The listing of Framfab on Eurolist by Euronext is expected to occur on August 1, 2006. The new shares which will be issued by Framfab as merger consideration for LB Icon shares are expected to be registered on LB Icon shareholders’ accounts on August 1, 2006. This means that trading in the newly issued shares will be possible starting August 1, 2006, both on the Stockholm Stock Exchange and on Eurolist by Euronext. Trading in the currently outstanding Framfab shares will not be impacted by the merger process. The Board of Directors of Framfab has proposed that the extraordinary shareholders meeting in Framfab to be held on July 13, 2006 resolves on changing the current name of the company, Framfab AB, to LBI International AB. The name change is conditional upon that the merger is registered with the SCRO. As a result, following the registration of the merger, the shares of the merged entity will be listed on the Stockholm Stock Exchange and Eurolist by Euronext under the name LBI International AB (ticker symbol: LBI). Framfab and LB Icon intend to make public a supplement (the “Supplement”) to the merger and listing prospectus dated May 15, 2006. The Supplement, which will be made public on or about July 20, 2006, will contain more detailed information for the listing process of Framfab on Eurolist by Euronext.

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