Welcome to Extraordinary General Meeting of Framfab AB (publ)

The shareholders of Framfab AB (publ) are hereby invited to attend the Extraordinary General Meeting on Tuesday, 30 May 2006 at 2pm, at Folkets Hus, Barnhusgatan 12-14 at Norra Bantorget in Stockholm, Sweden.

Participation, etc. Any shareholder wishing to participate in the meeting must: - be entered into the register of shareholders kept by VPC AB on Tuesday, 23 May 2006 - notify the Company not later than 4pm on Tuesday, 23 May 2006 by: E-mail: anita.hallgren@framfab.com Mail: Framfab AB (publ), Attention: Anita Hallgren, Box 38078, SE-100 64 Stockholm, Sweden Fax: +46 8 411 65 95 Phone +46 8 41 00 10 39 Notification should include the shareholder’s name, personal identification number or corporate identification number, address, phone number and any representatives. If attendance is based on proxy, the proxy shall be submitted along with the notification. Shareholders whose shares are registered in the names of nominees must temporarily re-register the shares in their own name in order to be entitled to participate in the meeting. Shareholders wishing to re-register must inform the nominee well in advance of 23 May 2006 since the re-registration must be effected by this date. Proposed agenda 1. Opening of the meeting 2. Election of chairman of the meeting 3. Preparation and approval of the voting list 4. Approval of the agenda 5. Election of one or two persons to verify the minutes 6. Determination of whether the meeting has been duly convened 7. Resolution regarding approval of merger plan 8. Resolution regarding amendments to the articles of association 9. Resolution regarding a reverse split of the company’s shares 10. Resolution regarding approval of an offer concerning commission-free trading 11. Resolution regarding an issue of new shares as merger consideration 12. Election of members and chairman of the board of directors 13. Resolution regarding amendments to the articles of association including a change of the company’s corporate name 14. Resolution regarding issuance of employee stock options and issuance of warrants for subscription of new shares 15. Closing of the meeting The agenda items 8-14, except for the proposal in item 8 b) regarding amendment to the articles of association due to the implementation of the new Swedish Companies Act (2005:551), are conditional upon approval of the merger plan under item 7. Proposals Election of chairman of the meeting (Item 1) The nomination committee comprising Mr. Gunnar Ek, Mr. Fred Mulder, Mr. Sven Skarendahl and Mr. Markus Winkler proposes that Mr. Sven Skarendahl shall be elected chairman of the meeting. Resolution regarding approval of merger plan (Item 7) The boards of directors of Framfab AB (“Framfab”) and LB Icon AB (“LB Icon”) have on 20 March 2006 prepared a joint merger plan. Pursuant to the merger plan, Framfab shall absorb LB Icon. The merger consideration shall consist of one (1) newly issued share in Framfab (after the reverse split of Framfab’s shares as set out below) for each share in LB Icon. Through the Swedish Companies Registration Office’s registration of the merger, which is estimated to take place not earlier than by the end of July 2006, LB Icon will be dissolved and its assets and liabilities will be assumed by Framfab. The merger consideration is estimated to be accounted for not later than on the tenth banking day after the registration of the merger. The merger plan has been registered with the Swedish Companies Registration Office, which was formally announced on 19 April 2006. The merger plan, including its appendices, has since been available at Framfab’s office at Krukmakargatan 37A in Stockholm, and is sent to those shareholders who so request and who provide their postal address. The documents may also be ordered by telephone +46 8 41 00 10 39 or by e-mail anita.hallgren@framfab.com. Resolution regarding amendments to the articles of association (Item 8) a) The board proposes, as a prerequisite for the below proposal regarding a reverse split of the company’s shares, that the shareholders’ meeting resolves to amend the articles of association’s provision regarding share capital limits to read “The limits for the share capital shall be at least SEK 60,000,000 and SEK 240,000,000 at the most.” and provision regarding share number limits to read “The number of shares shall be at least 24,000,000 and at the most 96,000,000.”. b)The board further proposes, due to the implementation of the new Swedish Companies Act (2005:551), that the shareholders’ meeting resolves to amend the articles of association’s provision regarding the record day provision to read: “§ 10 Reconciliation record – The shares of the Company shall be registered in a reconciliation record (Sw: avstämningsregister) in accordance with Act (1998:1479) regarding Account Management of Securities (Sw: lagen (1998:1479) om kontoföring av finansiella instrument). “. Resolution regarding a reverse split of the company’s shares (Item 9) The board proposes that the shareholders’ meeting resolves on a reverse split of the company’s shares whereby each 50 shares are compounded into 1 share. The record date at VPC (the Swedish Securities Register Center) for effecting the reverse split is proposed to be Wednesday 28 June 2006. Resolution regarding approval of an offer concerning commission-free trading (Item 10) The board proposes that the shareholders’ meeting resolves to approve that the shareholders are offered to, during a period before the implementation of the reverse split, through a securities firm assigned by the company, at one occasion either buy or sell free of commission such number of shares that are necessary to obtain a shareholding of even round trading lots, i.e. 10,000 shares (before the reverse split) or, should the shareholding comprise less than 10,000 shares, sell the entire shareholding. Such trading is proposed for the primary purposes of enhancing liquidity in the trading in the Framfab share and simplifying the proposed reverse split of the company’s shares as set out above. The resolution shall be conditional upon approval by the shareholders’ meeting of the reverse split as set out under item 9 above. Resolution regarding an issue of new shares as merger consideration (Item 11) The implementation of the merger requires that the shareholders’ meeting resolves on an issue of not more than 37,081,213 new shares (after the reverse split as set out above) as merger consideration. Through the new issue of shares, Framfab’s share capital will be increased with not more than SEK 92,703,032.50. The new shares shall carry right to dividends for the first time on the dividend record date that occurs following registration of the merger with the Swedish Companies Registration Office. The right to receive the newly issued shares shall, as set out in the merger plan, lie with the holders of shares in LB Icon as per the day of the registration of the merger with the Swedish Companies Registration Office. The execution of the share issue shall be conditional upon the registration of the merger with the Swedish Companies Registration Office. The board of directors’ complete proposal regarding the resolution to issue new shares, as well as documents pursuant to Chapter 13 Section 6 of the Swedish Companies Act, will, as from 16 May 2006, be available at Framfab’s office at Krukmakargatan 37A in Stockholm, and be sent to those shareholders who so request and who provide their postal address. The documents may also be ordered by telephone +46 8 41 00 10 39 or by e-mail anita.hallgren@framfab.com. Election of members and chairman of the board of directors (Item 12) The nomination committee proposes that Mrs. Katarina G. Bonde, Mr. Michiel Mol, Mr. Fred Mulder, Mr. Robert Pickering and Mr. Sven Skarendahl are elected to comprise the members of the board and that Mr. Sven Skarendahl is elected to be chairman of the board. Information about the proposed board members will be supplied together with the below mentioned information document no later than 9 May 2006. The elections shall be conditional upon, and have effect as from the date of, the registration of the merger between Framfab and LB Icon with the Swedish Companies Registration Office. Resolution regarding amendments to the articles of association including a change of the company’s corporate name (item 13) The board proposes, due to the merger between Framfab and LB Icon, that the shareholders’ meeting resolves to amend the articles of association’s provision regarding the company’s corporate name. The new corporate name to be proposed will be announced well in advance of the shareholders’ meeting. The resolution shall be conditional upon, and have effect as from the date of, the registration of the merger between Framfab and LB Icon with the Swedish Companies Registration Office. Resolution regarding issuance of employee stock options and issuance of warrants for subscription of new shares (Item 14) The merger plan between Framfab and LB Icon stipulates that the outstanding stock options under LB Icon’s global stock option plan are intended to be replaced with corresponding stock options in Framfab in connection with the registration of the merger. Accordingly, the board proposes that the shareholders’ meeting approves that employee stock options entitling to the purchase of not more than 1,735,317 shares in Framfab (after the reverse split as set out above) are issued and allotted to the holders of stock options under LB Icon’s global stock option plan. The stock options in Framfab shall, taking into account the consideration exchange ratio in the merger with LB Icon, have the same terms as the stock options in LB Icon that are replaced. Detailed information in respect of the stock options issued under LB Icon’s global stock option plan is set out in LB Icon’s annual report for the financial year 2005, which is available at LB Icon’s web site www.lbicon.com. In order to ensure the fulfillment of the commitment in accordance with the abovementioned stock options and to cover administration and tax costs connected to the stock options, the board further proposes that the shareholders’ meeting resolves to issue warrants for subscription of 1,896,124 new shares in Framfab (after the reverse split as set out above). The warrants shall be subscribed for, held and used for the abovementioned purpose by a third party and shall be issued without consideration. The duration of the warrants shall correspond to the longest duration that apply under the abovementioned stock options and the exercise price of the warrants shall correspond to the lowest exercise price that apply under the abovementioned stock options. If fully exercised, the above warrants may dilute the total share capital and votes in Framfab following the merger with LB Icon by approximately 3 %. The resolution shall be conditional upon the registration of the merger between Framfab and LB Icon with the Swedish Companies Registration Office. To be valid, the resolution must be supported by shareholders representing two thirds of the votes cast as well as of the shares represented at the meeting. The board of directors´ complete proposal regarding issuance of employee stock options and issuance of warrants for subscription of new shares, as well as documents pursuant to Chapter 14 Section 8 of the Swedish Companies Act, will, as from 16 May 2006, be available at Framfab’s office at Krukmakargatan 37A in Stockholm. The documents may also be ordered by telephone +46 8 41 00 39 or by e-mail anita.hallgren@framfab.com. Information document An information document in respect of the merger, which includes inter alia the merger plan, an account for the background and reasons for the merger and a description of the merged company, will as from 16 May 2006 be available at Framfab’s office at Krukmakargatan 37A in Stockholm and at Framfab’s website www.framfab.com, or may be ordered by telephone +46 8 41 00 10 39 or by e-mail anita.hallgren@framfab.com. Stockholm, April 2006 Framfab AB (publ) The Board of Directors