Management change at Song Networks AS, Norway

Management change at Song Networks AS, Norway Song Networks Holding AB (NASDAQ: SONW, OM Stockholm Stock Exchange: SONW) announced today that Ketil Kivedahl, the former MD at Xerox AS, has been appointed the new MD at Song Networks AS, Norway. Ketil Kivedahl is taking over the management of the Norwegian Song Networks from Pål Eivind Vegard who will remain on the company's board. Ketil Kivedahl, aged 45, has wide-ranging experience from a number of IT companies where he has held management positions at domestic and international levels. He also has considerable experience of board work from a number of Companies. Ketil Kivedahl has been MD of Xerox's Norwegian business for the past five years. Before that he was at Tandem Computers AS, Commodore Computers AS and Hewlet-Packard Norge AS. "We are very happy to add Ketil Kivedahl to our Nordic management group," says Ivar Strömberg, CEO of Song Networks Holding. "He brings with him a great deal of experience from our industry and this is a sound platform from which to continue the work of establishing Song Networks AS, as a leading supplier of data and telecommunications services for Norwegian companies." He will take up his position as MD at Song Networks AS, Norway in the middle of September 2001. Further information, please contact: Song Networks Holding AB Song Networks AS Ivar Strömberg, CEO Lill Jakobsen, PR Manager Phone: +46 8 5631 0001 Phone: +47 2150 2402 Mobile: +46 701 810 001 Mobile: +47 4000 0402 E-mail: E-mail: ivar.stromberg@songnetwork lill.jakobsen@songnetwor s.se ks.no Song Networks Holding AB Petra Asteson, Investor Relations Assistant Phone: +46 8 5631 0344 Mobile: +46 701 810 344 E-mail: petra.asteson@songnetworks.se About Song Networks, former Tele1 Europe, (NASDAQ: SONW, OM 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 1,000 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/2001/08/02/20010802BIT00140/bit0001.doc http://www.waymaker.net/bitonline/2001/08/02/20010802BIT00140/bit0002.pdf