CASH TRANCHE IN OBDUCAT DEBENTURE LOAN ISSUE OVER-SUBSCRIBED

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A first preliminary review of received subscriptions in the Obducat issue of convertible debentures with detachable warrants, indicates that the issue – excluding previously communicated guarantee of MSEK 6 – was over-subscribed with some 32 % in the preferential cash tranche. The second tranche, based on a swap of the existing 2001/2004 debentures, was preliminary subscribed to 68 %.

Based on this outcome, the Board of Directors has decided not to prolong the issue period.

The Board will as soon as possible decide upon distribution on non-preferential basis. Those being offered to participate on non-preferential basis will be notified accordingly.

As stated in the issue prospectus, the temporary BTU security, i.e. the “package” consisting of one debenture and one warrant, will not be subject to any trading. However, as soon as the issue – partially or in total – has been formally registered, the BTU’s will be split up into convertibles and warrants, respectively. Trading in these instruments will then begin at the NGM stock exchange.

In this debenture issue, Obducat has chosen to use Thenberg & Kinde Fondkommission AB as its formal issue institute.

Malmö, March 29, 2004

On behalf of the Obducat Board of Directors

Peter Jonsson

Chairman

For additional information please contact:

Patrik Lundström, CEO, +46 (0)40 – 36 21 00

Johan Boman, CFO, +46 (0)703 – 27 37 30

Obducat AB is an innovative developer and supplier of technologies, products and processes used for the production of advanced micro- and nano structures. Obducat´s products and services are intended to serve the demands of companies within the information storage, semiconductor, printed circuit board, and sensor industries. Obducat´s technologies include electron beam, and nano imprint technology. Obducat has offices in Sweden, and the UK, with the head quarter located in Malmö, Sweden. The Obducat shares are publicly traded on the Swedish NGM stock exchange.

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