Pricer’s rights issue fully subscribed

The proceeds of Pricer’s rights issue amounted to SEK 93.4M before issue costs, of which approximately 97 percent was subscribed on the basis of existing shareholders’ prior rights. The remaining shares issued, corresponding to some SEK 2.8M, are allotted to applicants wishing to subscribe without prior rights. Applications amounts to SEK 57.7M, corresponding to an over-subscription of 62 percent, and the allotment of the remaining shares are made to shareholders who participated in the rights issue, taking into account the proportion of subscribed shares using prior rights. No shares are allotted on the basis of the guarantees referred to in the issue prospectus. A total of 186,811,613 series B shares were issued via the rights issue. Over and above this, 7,085,746 series B shares were issued directed to members of the consortium which has guaranteed that the rights issue stated above was fully subscribed. A share issue of 1,347,667 shares to Sagri Development AB was decided by the AGM with an issue price set to SEK 1.04. An additional 5,738,079 shares directed to the other guarantors have also been issued based on the authorization given by the AGM, where the issue price was set to SEK 1.09, taking into account the share price at the end of the subscription period. Following the three issues, the share capital amounts to SEK 75,433,220.00 and the number of shares to 754,332,200. Trading in the newly issued shares is expected to start on Stockholmsbörsen’s “O” list in the beginning of June 2005. For further information, please contact: Jan Forssjö, President and CEO, Pricer AB: +46 8 505 582 00