Prospectus is now available

The prospectus regarding new share issue with preferential right in Medicover Holding S.A. (the “Company”) will be available as of today at the office of Handelsbanken Capital Markets, Emission, phone +46 8 701 26 70. The prospectus can also be obtained by contacting the Company on phone +32 2 357 55 77 alternatively be found on www.medicover.com. The shareholders and holders of Swedish depository receipts are entitled to subscribe for one (1) new share or one (1) new depository receipt for each seven (7) existing shares or each seven (7) existing depository receipts held in the Company. The issue price for one new share/depository receipt will be SEK 60. The subscription period will run as of and including 7 June up to and including 21 June 2005 for holders of Swedish Depository Receipts and as of and including 31 May up to and including 29 June 2005 for registered shareholders. For a more detailed description of the terms and conditions of the new share issue, please see the prospectus. The Company will present the terms and conditions of the new share issue to the shareholders and holders of Swedish depository receipts today (May 30) at 12.00 am at Nybrokajen 7, Stockholm, Sweden. The Board of Medicover Holding S.A. Investor Relations Contacts Fredrik Rågmark Managing Director Phone: +32 475 751964 E-mail: fredrik.ragmark@medicover.com Joe Ryan Finance Director Phone: +32 477 560382 E-mail: joe.ryan@medicover.com