Extraordinary general meeting of AB Novestra has today approved issue of bonus shares and 5:1 share split

EXTRAORDINARY GENERAL MEETING OF AB NOVESTRA HAS TODAY APPROVED ISSUE OF BONUS SHARES AND 5:1 SHARE SPLIT An Extraordinary General Meeting of AB Novestra today unanimously approved the Board's proposal of May 3, 2000 for an issue of bonus shares, to be carried out by transferring capital from restricted reserves to share capital, resulting in an increase in the nominal value of each share from SEK 2.30 to SEK 5. In addition, the Extraordinary General Meeting unanimously decided to approve the Board's proposal to change the company's limits on share capital to a minimum of SEK 20,000,000 and a maximum of SEK 80,000,000 and to implement a 5:1 split in the company's share by changing the nominal value of the shares (following the issue of bonus shares) from SEK 5 to SEK 1 per share. The exact date of implementation of the 5:1 split will be notified around June 15, 2000. 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, Continuum Group Ltd, Fanglobe Inc, IQUITY Systems, Mobilestop.com, NetSurvey, PowerNet and Qbranch. Novestras shares are traded on the OM Stockholm Exchange New Market. For further comments please contact Theodor Dalenson phone No. +46 8 545 017 50. For more information regarding AB Novestra, please refer to www.novestra.com. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/05/20000605BIT00930/bit0001.doc http://www.bit.se/bitonline/2000/06/05/20000605BIT00930/bit0002.pdf