SOL - extraordinary general meeting

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SOL - EXTRAORDINARY GENERAL MEETING The Extraordinary General Meeting of shareholders ("EGM") of Scandinavia Online AB ("SOL" or the "Company") (OMSE:SCOL; OSE:SCO) today decided to re-elect Sverre Munck and Trond Berger from Schibsted ASA and Franco Fedeli and Hannu Bergholm as members of the Board of Directors of the Company. The EGM also decided to elect Lars Jonsson, Corporate Senior Adviser within Telia AB, and Bjørn Brenna, Vice President and Corporate Controller within Telenor ASA, as new members of the Board of Directors of the Company replacing Jan E. Rudberg from Telia AB and Jan. M Moberg from Nextra AS, which is a company within the Telenor Group. The EGM also decided to approve the proposed transfer of the Swedish portal operation within Passagen from the Company to the wholly owned subsidiary Passagen AB. For more information, please contact: Birger Steen (CEO), +46 709 35 28 18, birger.steen@scandinaviaonline.se Thomas Ranje (CFO), +46 709 41 54 94, thomas.ranje@scandinaviaonline.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/28/20010528BIT00730/bit0002.doc http://www.bit.se/bitonline/2001/05/28/20010528BIT00730/bit0002.pdf