Nils Bengtsson joins Novestra as CFO and EVP

NILS BENGTSSON JOINS NOVESTRA AS CFO AND EVP Novestra has today appointed Nils Bengtsson as Chief Financial Officer and Executive Vice President with responsibility for finance and administration within the Novestra Group. Over the past 15 years, Nils Bengtsson has worked at Aros Securities AB and Aragon Securities Fondkommission AB, in both cases holding the position of President, and at Scandinavian Airline Systems AB, where he was Senior Vice President Corporate Control as well as having responsibility for the divestment of companies with activities outside of SAS's core business. "We see Nils Bengtsson's competence as an important part of building up our management resources at Novestra. He fits into Novestra's management team well and will perform an important function as we lay the foundations for Novestra's continued development," says Novestra's CEO Theodor Dalenson. "In recent times, we have put a great deal of work into strengthening our management group because we feel that the collective strategic business competence within Novestra will become the company's most valuable asset. We hope to be able to report on further reinforcement of Novestra's management resources in the near future," Dalenson continues. 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, Fanglobe.com, IQUITY Systems, Jupiter Communications, Mobilestop.com, NetSurvey, PowerNet and Qbranch. Novestras shares are traded on the OM Stockholm Exchange New Market. For more information regarding AB Novestra, please refer to www.novestra.com, and for further enquiries, please contact Mr Theodor Dalenson, CEO phone No. +46 8 545 017 50. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/18/20000518BIT00710/bit0001.doc http://www.bit.se/bitonline/2000/05/18/20000518BIT00710/bit0002.pdf