NetCom AB announces change in Nasdaq ticker symbol

NETCOM AB ANNOUNCES CHANGE IN NASDAQ TICKER SYMBOL New York and Stockholm - April 7, 1999 - NetCom AB ("NetCom") (Nasdaq : NECS), the leading alternative provider of telecommunication services in Scandinavia, today announced a change in Nasdaq ticker symbol from NECSY to NECS. Following an application to the Nasdaq National Market, NetCom will be traded under the symbol NECS, with effect from the start of trading today on the Nasdaq. NetCom AB was formed in 1993 and is a leading alternative provider of telecommunications services in Scandinavia. The company operates in the GSM mobile telephony market under the brand names of Comviq, Tele2 in Sweden and through its listed affiliate, NetCom ASA in Norway and its affiliate Ritabell in Estonia. The Group has operations in the areas of public telecommunications, Internet and data communications services, where the group operates under the brand name of Tele2, in Sweden and its subsidiaries Tele2 A/S in Denmark and Tele2 Norge AS in Norway. The group also operates in the cable-TV service sector. The company 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 Jörgen Latte Telephone: + 46 8 562 640 00 CFO, NetCom AB, Sweden Samantha Drover Telephone: + 44 171 647 6403 Director of Investor Relations Press Inquiries: Janerik Larsson Telephone: +46 70 762 00 85 NetCom's web site is located at http://www.netcom.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/04/07/19990407BIT00150/bit0001.doc http://www.bit.se/bitonline/1999/04/07/19990407BIT00150/bit0002.pdf