Clarification in relation to novestra's initial reports of shareholdings

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CLARIFICATION IN RELATION TO NOVESTRA'S INITIAL REPORTS OF SHAREHOLDINGS In response to the many enquiries regarding the initial reports of shareholdings in listed companies recently supplied to Finansinspektionen [the Swedish Financial Supervisory Authority] concerning shares and options held by various key personnel within Novestra's management, the company would like to make the following clarification. Novestra has not introduced any new option scheme in connection with the company's listing on the OM Stockholm Exchange O list on 21 June 2000, nor did the company do so in connection with recent recruitments of additional management. There are no plans to issue any additional options before the current options expire on 30 June 2001. The current option scheme was agreed by the General Shareholders' Meeting of 24 March 2000 and covers a total of 2,500,000 options at a subscription price of SEK 90 per share. For additional information reference is made to the listing prospectus. Novestra is one of the leading venture capital investment firms in the Nordic countries, primarily with a focus on companies providing enabling services to the network economy. Novestra's portfolio of companies includes Bredbandsbolaget (B2) AB, Continuum Group Ltd, Fanglobe Inc, IQUITY Systems Inc, Mobilestop.com Inc, Netsurvey Bolinder AB, PowerNet AB and Qbranch AB. Novestra's shares are listed on the O list of the OM Stockholm Exchange. For further comments please contact Theodor Dalenson, CEO phone No. +46 8 545 017 50. For more information regarding AB Novestra, please refer to www.novestra.com where the listing prospectus is also available. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/07/27/20000727BIT00480/bit0001.doc http://www.bit.se/bitonline/2000/07/27/20000727BIT00480/bit0002.pdf