Statement from the Board of Directors of OptiMail AB (publ) as a consequence of a cash public tender offer from Posten Norge AS

On 22 November 2005, Posten Norge AS publicly announced a conditional cash Public Tender Offer to the shareholders of OptiMail AB in the amount of SEK 18.75 per share. The acceptance period preliminary runs until 30 December 2005. According to the offer, OptiMail is valued at approximately SEK 236.

Posten Norge AS owns 1,071,200 shares in OptiMail AB and controls a further 1,600,000 shares through the subsidiary, CityMail Sweden AB. On the day prior to the publication of Posten Norge's Tender Offer for all of the shares in OptiMail, the transaction price for OptiMail shares was SEK 13.70. In relation to that share price, the Tender Offer represents a premium of 37%. The Board of Directors of OptiMail has evaluated the Tender Offer and wished to point out the following to the shareholders of OptiMail AB: · Posten Norge AS controls not less than 21.3% of the share capital and voting capital in OptiMail. Additional shareholders, who together control 41.1% of the share capital and voting capital in OptiMail, have announced that they have accepted the Tender Offer. Thus, shareholders holding not less than 62.4% of the share capital and voting capital in OptiMail have accepted the Tender Offer. · Since 2000, OptiMail has developed well on its own. It is clear to OptiMail that international postal services are best marketed as a supplement to national services. OptiMail has been able to do this over a long period of time through its partnership with CityMail Sweden. However, the Board of Directors is convinced that it would be more positive for OptiMail's business to be fully included in the same structure as CityMail Sweden/Posten Norge. Posten Norge has a Nordic strategy and, through this transaction, OptiMail becomes part of it. · Posten Norge’s Tender Offer is conditional, to among other things that Posten Norge becomes the owner of at least 90% of the total number of shares, that no other more favourable offer is made public, that all necessary permits, acceptances, decisions, and other acts from authorities, competition authorities are granted on, for Norway Post acceptable terms. · In previous purchase agreements, OptiMail has undertaken to sell its holding in CityMail Sweden to Posten Norge. CityMail Sweden has performed well during the year and it is now believed that OptiMail's Board of Directors' previous forecast, that OptiMail would receive SEK 50 million in conjunction with the final settlement of the transaction, will be exceeded by approximately SEK 15 million. The Board of Directors believes that consideration to this fact has been given in the level of the Tender Offer. · Fairness opinion. The Board of Directors believes that the Tender Offer from Posten Norge is reasonable both from an industrial and a financial perspective and, therefore, has not engaged any third party to assist with a fairness opinion. In light of the above, the Board of Directors of OptiMail unanimously recommends to OptiMail AB’s shareholders that they accept the Tender Offer from Posten Norge AS.