Mandatory notification of trade

Ole Jacob Moldestad, CEO of Kvantel AS, has through his wholly owned company Aria Industrier AS, today purchased 20,000 shares in NextGenTel Holding ASA at an average price of NOK 24.74. After this transaction, Ole Jacob Moldestad controls 20,000 shares in NextGenTel Holding ASA.

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.