Appointment of the Nomination Committee

In its capacity as issuer, Pricer AB is releasing the information in this pressrelease in accordance with the Swedish (2007:528) Securities Exchange Act. The information was distributed to the media for publication at 09,45 hrs CEST on Thursday November 8, 2007.

In accordance with the decision at the Annual General Meeting on May 9, 2007, Pricer’s board chairman Akbar Seddigh has during October contacted the company’s largest shareholders to form a Nomination Committee. Subsequently, the shareholders agreeing to participate in the work of the Nomination Committee each nominated a representative.

The shareholders and representatives comprising the Nomination Committee, in addition to the chairman of the board Akbar Seddigh, are:

Salvatore Grimaldi, SAGRI Development AB
Martin Bjäringer, Monterro Holdings Ltd
David Goldschmidt, Brightman Almagor Friedman Trustees
John Örtengren, Aktiespararna (The Swedish Shareholders’ Association)

Combined, per September 30, 2007, these shareholders represented over 27 percent of the votes in Pricer AB.

The Nomination Committee will form a proposal to the Board of Directors and prepare other matters prior to the Annual General Meeting planned for March 2008. The Committee’s assignment remains effective until a new Nomination Committee is appointed.

Shareholders wishing to submit proposals to Pricer’s Nomination Committee can contact the Nomination Committee by e-mail at ir@pricer.com or by letter to: Pricer AB, Attention: Valberedningen, Bergkällavägen 20-22, S-192 79 Sollentuna, Sweden.