Sale and new issue of shares in Mind AB oversubscribed

Sale and new issue of shares in Mind AB oversubscribed Offer was subscribed approximately 1.4 times Listing on the O-List of the OM Stockholm Exchange on June 13, 2000 The sale and new issue of shares in Mind AB (publ) ("Mind") has been accomplished. Institutional investors in Sweden and abroad and the general public in Sweden acquired a total of 10 649 800 shares, corresponding to approximately 28 percent of the total number of shares in Mind. The shares consist of both existing and newly issued shares. As a result of over-allocation, an additional maximum of 1 500 000 shares can be newly issued in connection with the offer. The selling price of the Mind share was established at SEK 38 per share on May 26, 2000. Accordingly, the total volume in the offer amounts to SEK 405m1, of which SEK 285m through new issue. The offer was subscribed approximately 1.4 times. Among those allocated shares, there are approximately 45 Swedish as well as international institutions. The shares are expected to be listed on the O-List of the OM Stockholm Exchange on June 13, 2000. Payment for the alloted shares must be made no later than June 9, 2000. "We are particularly pleased with the substantial response we have received and that we in a turbulent market have accomplished the broadening of the company's ownership and the new share issue with a successful result. In this respect we would like to emphasise Alfred Berg, which through a focused and professional work has successfully completed the transaction. With a strong financial base, it is our intention to continue to develop our client offer and to expand both organically and through acquisitions, with the emphasis on markets outside Sweden", comments Jörgen Larsson, CEO of Mind. Alfred Berg Fondkommission AB is the lead manager for the offer. Epo.com is participating in the sale of shares to the general public. Mind AB (publ) Board of Directors May not be published in the United States, Canada, Australia or Japan. Stabilization in accordance with SIB. For further information, please contact: Mind AB Jörgen Larsson, CEO, +46 733 61 10 10 Maria Andark, Investor Relations, +46 733 61 10 19 Alfred Berg Fonkommission AB Peter de Jounge, +46 8 723 58 00 Mind AB is a third-generation Internet consultancy specialising in portals with the aim of developing and strengthening its customers business operations. Mind currently has more than 400 employees and is represented in Sweden, Norway and France. The company intends to float itself on the stock market in 2000. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/31/20000616BIT01040/bit0001.doc http://www.bit.se/bitonline/2000/05/31/20000616BIT01040/bit0002.pdf