NetCom AB announces appointment of new chief financial officer

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NETCOM AB ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER New York and Stockholm - June 15, 2000 - NetCom AB ("NetCom", "the Group") (Nasdaq Stock Market: NECS), the leading provider of telecommunication services in the Nordic countries, the Baltic region and Poland, today announced the appointment of Håkan Zadler as Chief Financial Officer (CFO), effective as of August 2000. Håkan Zadler is an Authorised Public Accountant and was previously at Öhrlings PricewaterhouseCoopers, where he was a partner, responsible for Financial Services in Stockholm. Jörgen Latte, the current CFO of NetCom AB, will leave the company for another mobile operator. NetCom AB, formed in 1993, is the leading telecommunications company in the Nordic countries, the Baltic region and Poland. It has GSM cellular operations in Sweden (Comviq and Tele2Mobil), in Europe through Société Européenne de Communication SA and in Estonia through Ritabell. In the areas of public telecommunications, data communication services and Internet, NetCom operates Tele2 in Sweden, Tele2 A/S in Denmark and Tele2 Norge AS in Norway. NetCom also operates Datametrix, specializing in systems integration, 4T Solutions and Optimal Telecom in addition to Kabelvision, a Swedish cable TV services company and Everyday.com, a joint venture with Modern Times Group. NetCom is listed both on the Stockholm Stock Exchange under the symbols NCOMA and NCOMB and on the Nasdaq Stock Market under the symbol NECS. Contacts: Lars-Johan Jarnheimer Telephone: + 46 8 562 640 00 President and CEO, NetCom AB, Sweden Andrew Best Telephone: + 44 (0)20 7321 5010 Shared Value Limited, London Visit us at our homepage: http://www.netcom.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/15/20000615BIT00750/bit0001.doc http://www.bit.se/bitonline/2000/06/15/20000615BIT00750/bit0002.pdf