The Board of Directors of Novestra suggests issue of bonus shares and share split 5:1

THE BOARD OF DIRECTORS OF NOVESTRA SUGGESTS ISSUE OF BONUS SHARES AND SHARE SPLIT 5:1 The Board of Directors of Novestra decided on May 3, 2000 to propose an Extra Ordinary Shareholders Meeting on June 5, 2000 an issue of bonus shares meaning that the nominal value of each share is increased from SEK 2,30 to SEK 5 by transferring capital from restricted reserves to share capital. The Board of Directors will further suggest that the company's limits for share capital is changed to be as a minimum SEK 20.000.000 and as a maximum SEK 80.000.000 and that a split 5:1 regarding the Novestra share is carried out by changing the nominal value of the shares (after issue of bonus shares) from SEK 5 to SEK 1 per share. A complete notice to attend the Extra Ordinary Shareholders Meeting has been made public today. Balance day for the above mentioned share split is to be announced in connection with the decision of the Extra Ordinary Shareholders Meeting. 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/2000/05/08/20000508BIT01220/bit0001.doc http://www.bit.se/bitonline/2000/05/08/20000508BIT01220/bit0002.pdf