Celox has increased its ownership to 72% in Medicover at final acceptance period

Celox S.A. (”Celox”) has reached 71.6% of the shares and votes in Medicover Holding S.A. (”Medicover”). In total, Celox has increased its ownership with 5,201,027 shares, representing 36.5% of the shares and votes in Medicover. This has been achieved by tendered shares into the offer of 3,927,274 shares, representing 27.6% of the shares and votes in Medicover and that Celox has acquired 1,273,753 shares, representing 8.9% of the shares and votes in Medicover. Settlement for shares duly tendered by 1 September 2006, is expected to commence on 5 September 2006. Celox will consider a delisting of Medicover following the end of the offer process. ”We are very pleased with the acceptance level and our increased ownership in Medicover. We continue to believe that the company is best developed in a private environment. This has been supported by many shareholders, whom also have decided to continue to support Medicover in a private environment.” says Fredrik Stenmo, Director at Celox S.A.