OBDUCAT BOARD REQUESTS ANNUAL GENERAL MEETING TO GIVE AUTHORIZATION TO ISSUE SUBSTANTIAL AMOUNT OF SHARES SECURING FURTHER EXPANSION AND INCREASED PACE

At the Annual General Meeting June 4, 2004 in Obducat, the board will request an authorization to issue as much as 125 million shares, reflecting a clear ambition to raise significant additional funding.

The board justifies its request by an identified need for increasing the pace of the operations as well as the capacity to meet the escalating requirements raised by the industrial customers of Obducat. A clearly increasing demand has been observed within a range of application areas aiming at using nanoimprint lithography as its technical mass production platform. In combination with tight customer time frames, this makes it necessary for Obducat to ensure resources for increased capacity, possibility to commit to additional industry projects as well as to proceed with customer projects geographically closer to the customers, especially with regards to the prioritized US and Asian markets.

Securing Obducat these resources is deemed important by the board in order to secure continuous growth as well as a maintained market leader position within the company’s priority areas nanoimprint lithography, electron beam technology and stamp production.

It can be concluded that the resources allocated within Obducats range of technology, not only for research and development but also in the form of venture capital, is increasing rapidly and has reached such a magnitude that the board deem the requested share issue authorization both relevant and justified.

“We make the assessment that it is correct and reasonable to secure resources for a visibly higher pace and an increased capacity in order to handle multiple industrial projects and to do so closer to the customers than today. There is in addition a need for positioning Obducat as a financially credible and capable supplier and cooperation partner. The signal to the market that Obducat is now prepared, is not to be underestimated”, says Peter Jonsson, Chairman of the Obducat board I a first comment.

“I am convinced the Obducat – given that the financial resources are secured – has every chance to maintain and further strengthen its leading technical and market position within many application areas. I hope and believe that the broad majority of our shareholders are of the same opinion as the Obducat board and management, that this proposal is good for Obducat and consequently for all its shareholders”, says Obducat CEO Patrik Lundström.

For additional information please contact:

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

Johan Boman, CFO Obducat AB, +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 exchange. Read more on www.obducat.com.