Major framework agreement for Song Networks AS

Major framework agreement for Song Networks AS Song Networks Holding AB (NASDAQ: SONW, Stockholm Stock Exchange: SONW) announced today that the Norwegian municipalities of Stavanger, Sandnes and Rogaland will extend their broadband services framework agreement with the Norwegian subsidiary, Song Networks AS. The agreement runs for two years and is worth around SEK 40 million. The agreement covers the supply of broadband services, equipment and consultancy, as well as an extension to the three-year agreement signed in the summer of 1998. Song Networks AS was awarded the contract against competition that included Telenor. Nearly 500 public sector buildings in Stavanger, Sandnes and Rogaland municipalities are now linked to Song Networks' broadband network. "The agreement shows that Song Networks can provide competitive services and solutions," says Song Networks AS' MD, Ketil Kivedahl. "It is unique to see three municipalities combine over such a dynamic use of modern broadband solutions. Rogaland is probably the leader among Norwegian municipalities in its use of IT - no other region has such good broadband coverage," he concludes. "We want to extend the agreement because we are very happy with what Song Networks has supplied in terms of price, quality and accessibility," says Arne Rannestad, IT manager for Stavanger municipality. "What is particularly important for us is that the solutions are scalable. This gives us considerable flexibility as our needs change. The communication solution from Song Networks helps to strengthen the information flow and knowledge distribution throughout the municipality," he adds. The services and software in the solution for Stavanger, Sandnes and Rogaland are collected on a central server. They are delivered via the Song network to the local clients. Transmission capacity ranges from 2 Mbits per second to 100 Mbits per second. For further information, please contact: Song Networks AS Song Networks AS Ketil Kivedahl, MD Lill Jakobsen, PR, Information Manager Phone: +47 2150 2450 Phone: +47 2150 2402 Mobile: +47 4000 0450 Mobile: +47 4000 0402 E-mail: E-mail: ketil.kivedahl@songnetworks.no lill.jakobsen@songnetworks.no Song Networks Holding AB Jenny Moquist, Investor Relations Manager Phone: +46 8 5631 0219 Mobile: +46 701 810 219 E-mail: jenny.moquist@songnetworks.net About Song Networks, the former Tele1 Europe, (NASDAQ: SONW, Stockholm Stock Exchange: SONW) Song Networks is a rapidly expanding data, internet and telecommunications operator with activities in Sweden, Denmark, Finland and Norway. The company provides broadband solutions for data, internet and voice, to large and mid-range businesses in the Nordic region. Song Networks is currently the only pan Nordic data, internet and telecommunications operator investing in local access networks with broadband capacity. The company is constructing networks in the 80 largest cities in the Nordic region. The access networks, which are linked by a long-distance network, will be one of Europe's fastest data and internet super-highways with an initial capacity for customers of up to one gigabit. The company was founded in 1995 and has approximately 1,200 employees. The head office is in Stockholm and there are an additional 24 offices located in the Nordic region. For further information, please visit our website at www.songnetworks.net Certain statements contained in this press release contain "forward- looking statements" within the meaning of the U.S. federal securities law. Such statements are based on the current expectations of the management of Song Networks Holding AB only, and performance is subject to risks, uncertainties and other factors that could cause actual results to differ materially from these statements. Such risks include, but are not limited to, adverse regulatory, technological or competitive developments; decline in demand for the company's services or products; inability to timely develop, introduce and market new technologies, products and services; pricing pressures resulting from competition; unforeseen construction delays; and the inability to successfully manage systems failures or shutdowns and service interruptions or reduced services to customers. For a more detailed discussion of such risks and uncertainties affecting the company, please refer to Song Networks Holding AB's reports that are filed from time to time with the U.S. Securities and Exchange Commission, including the company's annual report on Form 20-F and reports on Form 6-K. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/27/20010927BIT00050/bit0001.doc http://www.waymaker.net/bitonline/2001/09/27/20010927BIT00050/bit0001.pdf