ReadSoft AB (publ) annual general meeting

At ReadSoft AB’s annual general meeting today, the following resolutions were among those passed:

Election of Board of directors All Directors were re-elected for a new period. The Directors are Göran E. Larsson (chairman), Lennart Pihl, Gundor Rentsch, Anna Söderblom and Lars Appelstål. Dividend The annual meeting decided on no dividend for the year 2004. Election committee The meeting decided that an election committee shall be appointed with the assignment in connection with next year’s annual meeting to submit proposals, among others, with respect to election of the Board of Directors, compensation to the Board and the auditors and election of an election committee. The committee shall consist of the chairman of the Board of Directors and one representative of each of the four largest shareholders as per 30 September 2005. The committee shall elect its chairman. If a shareholder does not wish to participate in the committee or chooses to leave it, the right to appoint a representative shall pass to the shareholder next in turn. Authorization of the Board to decide on new issues of shares The meeting decided to authorize the Board of Directors to, at one or several occasions, up to the next annual meeting 2006, execute new issues of shares with maximum 3 000 000 shares, series B. The new shares may be issued with deviation of shareholders’ preferential rights. The reasons for the Board to be able to deviate from shareholders’ preferential rights are that financing may be required in connection with future acquisitions with payment in shares and/or issue of new shares with payment in capital contributed in kind. ------------------------------------------------ For more information, please contact --------------------------------------- ReadSoft AB Jan Andersson, President/CEO Pho: +46-(0)708 - 37 66 00 Olof Engvall, Vice President, PR & Communication Pho: +46-(0)708 - 37 66 70 E-mail: olof.engvall@readsoft.com