Notice of NeoNet’s Annual General Meeting of Shareholders

The Annual General Meeting (AGM) for the shareholders of NeoNet AB (publ) will be held at 6.30 p.m. CET on 4 May, 2006 at Citykonferensen, Malmskillnadsgatan 46 in Stockholm, Sweden. The Annual General Meeting will be held in Swedish. After the meeting, resolutions from the Annual General Meeting will be sent out in English and Swedish. Shareholders who wish to attend the AGM must: · be registered in the share register maintained by VPC AB no later than 27 April, 2006, · notify the company of their intention to attend the AGM no later than 4 p.m. CET on 27 April, 2006. Shareholders whose shareholding is registered in the name of a trustee must, in order to have the right to attend the AGM, temporarily register their shares in their own name. Shareholders who require such re-registration should notify their trustee well in advance of 27 April, 2006, when the re-registration must have been executed. Shareholders must notify the company of their intention to attend the AGM in writing: · by fax: +46 (0)8 10 40 84 · by e-mail: investor.relations@neonet.biz, or · by post to NeoNet AB (publ), “AGM registration,” Box 7545, SE-103 93 Stockholm, Sweden. When registering, shareholders shall state their name, personal or corporate identity number, address, telephone number, shareholding and details of any assistants attending. The full agenda and all background information are currently only available in Swedish. See the Swedish notice for the full information in connection to the Annual General Meeting. For further information about the annual general meeting or the agenda please contact: Simon Nathanson CEO of NeoNet +46 8 454 15 51 simon.nathanson@neonet.biz You can also use the e-mail address for Investor Relations: investor.relations@neonet.biz.