OBDUCAT DEBENTURE LOAN ISSUE PROSPECTUS MADE PUBLIC

Obducat AB (publ) today publishes its prospectus regarding issue of convertible debentures 2004/2007 with detachable warrants. The prospectus will be sent to shareholders and holders of Obducats debenture loan 2001/2004, but can also be downloaded from the company´s website www.obducat.com.

The prospectus can also be ordered from: Obducat AB (publ), P.O. Box 580, SE-201 25 Malmö, phone +46 40 36 21 00, fax +46 40 36 21 60 or via mail cecilia.jureus@obducat.com.

Subscription price for one convertible debenture: SEK 1,00

Record day: March 3, 2004

Subscription period: March 12-26, 2004

Trade with subscription rights: March 12-23, 2004

Preferential right: Registered shareholding on the record day March 3, 2004 entitles to subscription for one (1) convertible debenture 2004/2007 for each four (4) shares held.

Set-off right: Registered holding of the Obducat debenture loan 2001/2004 on the record day March 3, 2004 entitles to subscription, via a set-off, for three (3) convertible debentures 2004/2007 (of a nominal value SEK 1,00 each) for one (1) convertible debenture 2001/2004 (of a nominal value SEK 3,00 each) held.

The conversion price for the convertible debenture 2004/2007 has been set at SEK 2.15. Subscription price on exercise of the detachable warrants carried has also been set at SEK 2.15.

The convertible debenture loan term is April 1, 2004 – March 31, 2007, earning 5.00 per cent annual interest to be paid out at the end of each calendar quarter.

Malmö, March 9, 2004

Obducat AB (publ)

The Board of Directors

For further information pleae contact:

Patrik Lundström, CEO, +46 40 36 21 00 or +46 703 27 37 38

Johan Boman, CFO, +46 40 36 21 00 or +46 703 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