Rambøll acquires 35% of the shares in Scandiaconsult AB

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Rambøll acquires 35% of the shares in Scandiaconsult AB The Danish consulting engineering company, Rambøll AS, has today acquired about 8.1 million shares in Scandiaconsult from LD Pension fund and SI GEF, amongst others, amounting to 35.14% of the total number of outstanding shares in Scandiaconsult. The price is SEK 45 per share. The Board of Scandiaconsult has informed the Board of Rambøll: - that, to maximise benefit to both Scandiaconsult and Rambøll, we recommend that Rambøll's Board presents its bid to other shareholders as soon as possible, because clarity and speed are crucial success factors in company mergers and particularly in mergers of knowledge companies. - that, as long as no acceptable bid for all outstanding shares in Scandiaconsult has been presented, the latter will continue its operations as before, independently of Rambøll and irrespective of the fact that Rambøll has become a new owner in Scandiaconsult. The undersigned would be pleased to answer your questions on this issue by telephone on +46 (0)8-755 07 76. On behalf of the Board of Scandiaconsult Lars-Ove Håkansson Chairman Kapellgränd 7 · Box 4205 · SE-102 65 STOCKHOLM · Tel +46 8 615 60 00 · Fax +46 8 702 19 13 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/29/20021029BIT00910/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/29/20021029BIT00910/wkr0002.pdf