Exercise of Over-allotment Option

Exercise of Over-allotment Option In connection with the recent offering of shares of Q-Med AB (publ), Aros Securities has decided to exercise in full its over-allotment option to purchase 1,000,000 shares in Q-Med. The over-allotment option gives Aros Securities, on behalf of the Managers, the right to purchase up to 500,000 shares from each of Agerup Holding B.V. and HealthCap KB at a price of SEK 58 per share. The over- allotment option and its terms are described in the Offering Circular, dated November 28, 1999, prepared in connection with the global offering of shares of Q-Med and the company's listing on the Stockholm Stock Exchange. The shares are being purchased by Aros Securities in order to cover over- allotments made in connection with the global offering. For enquiries, please contact Ulf Hjalmarsson, Aros Securities AB, Corporate Finance Tel: +46-8-407 92 64 or +46-70-607 92 64. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/21/19991221BIT00800/bit0001.doc http://www.bit.se/bitonline/1999/12/21/19991221BIT00800/bit0002.pdf