Société Européenne de Communication S.A. ('sec') sells part of its shares in Netcom ASA
SOCIÉTÉ EUROPÉENNE DE COMMUNICATION S.A. ("SEC") SELLS PART OF ITS SHARES IN NETCOM ASA Luxembourg, Frankfurt, New York, Stockholm - February 1, 2000 - Société Européenne de Communication ("SEC"), an alternative European telecommunications provider, today announced that it had sold 2,500,000 shares in NetCom ASA, a Norwegian mobile operator, for approximately Euro115.3 million, net of commissions. SEC acquired a 24.8% interest in NetCom ASA from NetCom AB in November 1999. Following a previous disposal of 3.7% in December 1999, this transaction represents a decrease in SEC's interest in