Skanditek increases its holding in MYDATA automation to 66 percent through restructuring of ownership in portfolio companies

- Skanditek acquires outstanding minority interest in G Kallstrom & Co, corresponding to 30 percent, from Inter Indu S.P.R.L, a company controlled by Christer Brandberg. - Skanditek subsidiary G Kallstrom & Co acquires 13.1 percent of Skanditek subsidiary MYDATA automation from Christer Brandberg - Skanditek divests its shares in Axis and in Powerwave as a result of the above transactions - Skanditek intends to acquire the remaining shares outstanding in MYDATA automation Acquisition of minority interest in G Kallstrom & Co Yesterday, Skanditek acquired 30 percent of its subsidiary G Kallstrom & Co from Inter Indu SPRL, a company controlled by Christer Brandberg. The purchase consideration consists of 7,946,745 Axis shares and 684,961 Powerwave shares. In total the purchase corresponding to a value of SEK 270.5 m As result of the above transactions, an intra-Group exchange of shares is being undertaken. Skanditek is acquiring 8,429,553 Axis shares from G Kallstrom & Co in return for 2,878,384 PartnerTech shares. The transaction does not give rise to a requirement to make an offer for all of the shares in PartnerTech. Also see separate press release announcing the divestment of a large interest. Acquisition of 13.1 percent of MYDATA automation Yesterday, G Kallstrom & Co acquired 13.1 percent of its subsidiary MYDATA automation from Christer Brandberg. The purchase consideration consists of 2,810,212 Axis shares corresponding to a value of SEK 78.7 m. Following the acquisition of the minority interest in G Kallstrom and the acquisition of 13.1 percent of MYDATA automation, Skanditek’s holding in MYDATA automation increases to 66 percent of the company’s share capital and voting rights. Divestment of Axis shares corresponding to 15.6 percent and Powerwave shares corresponding to 0.7 percent as a result of the above transactions. As result of the above transactions, Skanditek and its subsidiary G Kallstrom have jointly sold a total of 10,756,957 Axis shares. Thereafter, Skanditek owns a total of 482,808 Axis shares, which jointly represent 0.7 percent of the company’s share capital and voting rights. The capital gain amounted to SEK 219.5 m in the Group. Skanditek has sold 684,961 shares in Powerwave Inc. Thereafter, Skanditek (including the shares held by its now wholly owned subsidiary, G Kallstrom & Co) owns a total of 3,244,000 shares in Powerwave Inc., which jointly represent 3.3 percent of the company’s share capital and voting rights. The capital gain amounted to SEK 28.6 m in the Group. Acquisition of shares outstanding in MYDATA automation The Board of Directors of Skanditek intends to offer the remaining shareholders in MYDATA automation four shares in Skanditek Industriförvaltning AB (publ) in return for one MYDATA automation share. Holders of MYDATA automation shares, corresponding to 29.9 percent of the share capital, have announced that they intend to accept the offer. This transaction means that Skanditek’s holding in MYDATA automation, including the shares held by those MYDATA automation shareholders who intend to accept the offer, will amount to about 95 percent of the company’s share capital and voting rights. If all remaining shareholders in MYDATA automation accept the offer, approximately 8.5 million Skanditek shares will be issued, which is equal to a dilution effect of about 13 percent. Skanditek will convene an Extraordinary General Meeting to address the above offering. Summary Following Skanditek’s acquisition of the minority interest in G Kallstrom & Co and Christer Brandberg’s shares in MYDATA automation, the Group shareholdings in the following portfolio companies will be changed: Portfolio companies Former shareholding in the New shareholding in the Group Group Axis 11.4% 0.7% CMA Microdialysis 65.7% 68.0% H Lundén 14.0% 20.0% Kapitalförvaltning MYDATA automation 38.6 % 66.0% Powerwave 3.0% 3.3% In addition, the holding in MYDATA automation will increase to 100 percent if all the shareholders accept the offer. The total Group capital gain from above mentioned transactions amounted to SEK 248.1 m or SEK 4.27 per share. The transaction does not lead to any tax consequenses. Stockholm, June 14, 2005 SKANDITEK INDUSTRIFÖRVALTNING AB (publ) Patrik Tigerschiöld President and CEO For more information, please contact: Patrik Tigerschiöld, President and CEO, telephone: +46-8-614 00 20; mobile: +46-70-777 71 90; e-mail: patrik.tigerschiold@skanditek.se Jonas Alfredson, Financial Manager, telephone: +46-8-614 00 29; mobile: +46-733-90 49 12; e-mail: jonas.alfredson@skanditek.se Skanditek’s portfolio companies Skanditek’s portfolio companies and shareholdings as of June 14, 2005 (excluding options and convertible debentures). COMPANY OPERATION SHAREHOLDING1) IT and telecom Network-based video, Axis AB 1) printing and storage 1% products Telecom products and Powerwave Inc. 1) advanced industrial 3% components Aptilo Networks AB System solutions for 10% WLAN Electronics Contract manufacturer PartnerTech AB 1) within the telecom, IT/ 40% mechatronics and medical equipment industries Advanced machinery for MYDATA automation AB surface mounting of 66% electronic components Service Investment company that Bure Equity AB1) mainly invests in 11% unlisted companies in the service sector. H Lundén Asset management 20% Kapitalförvaltning AB PBK Outsourcing AB Turnkey business- 46% administration solutions Development of new Theducation AB products and services 42% for the education sector Post-processing and The Chimney Pot AB effects for film and 36% video Biotechnology and medical technology CMA Microdialysis AB Medical technology 68% High-quality nutrient Vitrolife AB 1) solutions for the 28% storage or organs, etc. 1)PartnerTech, Powerwave and Vitrolife are listed on Stockholm Stock Exchange’s O List. Axis is listed on the Attract 40 List. 3)Bure Equity is listed on Stockholm Stock Exchange’s A List. Skanditek Industriförvaltning AB (publ) Kungsträdgårdsgatan 18 • SE-111 47 Stockholm • Corp. Reg. No: 556235-4141 Telephone: +46-8-614 00 20 • Fax: +46-8--614 00 38 • info@skanditek.se • www.skanditek.se