CayTel 1 L.P. extends the acceptance period in relation to the cash offer to the shareholders in Teleca AB (publ)

CayTel 1 L.P. (“CayTel”), a wholly owned subsidiary of Symphony Technology Group LLC, announced on October 31, 2008 a public offer to the shareholders of Teleca AB (publ) (“Teleca”) in accordance with the rules on mandatory bids (the “Offer”). CayTel is offering SEK 3.25 in cash per share in Teleca.

On November 19, 2008, CayTel announced that the acceptance period had been extended until 17.00 (CET) on December 22, 2008.

CayTel has received competition clearance in Germany in respect of the Offer. As previously announced, the completion of the Offer is also subject to competition clearance in Russia. The estimated time for receipt of competition clearance in Russia has been postponed.

CayTel has therefore decided to extend the acceptance period of the Offer until 17.00 (CET) on January 12, 2009.
The offer document, as well as the supplement to offer document, in a Swedish and English version and other information about the Offer are published on www.carnegie.se and www.SymphonyTG.com.

For further information contact:

John Treadwell, Principal
Symphony Technology Group
Tel +1-650-935-9529
www.SymphonyTG.com