Notice of Extraordinary General Meeting in Teleca AB (publ)

The shareholders of Teleca AB (publ) are hereby invited to attend an extraordinary general meeting (EGM) at Börshuset, Skeppsbron 2, Malmö, on Friday, 7 March 2008 at 16.00.

Right to participate
To have the right to participate, shareholders must be registered in the share register kept by VPC AB on Saturday, 1 March 2008, and, at the latest by 4:00 p.m. on Monday, 3 March 2008, inform Teleca of their intention to attend the EGM.

Any shareholder who wishes to participate in the EGM and whose shares are registered in the name of a nominee must arrange for the shares to be temporarily re-registered in his or her own name with VPC by Friday, 29 February 2008 at the latest. Any such shareholder is therefore advised to inform his or her nominee well in advance of this date.

Notice of intention to participate
Intention to participate in the EGM can be notified by the following means. Post: Teleca AB (publ), att: Lone Bonde, Dockplatsen 12, 211 19 Malmö. Telephone: +46 40 25 30 15. Facsimile: +46 40 25 31 70. E-mail: lone.bonde@teleca.com. Notification should include the following: name, civic registration number or corporate identity number, the number of shares held, daytime telephone number, and the number of any accompanying assistants (maximum two). If a shareholder intends to be represented by a proxy, then the notification should include the relevant authorisation documents. Proxy forms are available on request.

Proposed agenda
1. Opening of the meeting
2. Election of chairman of the meeting
3. Preparation and approval of the voting list for the meeting
4. Approval of the agenda
5. Election of persons to check the minutes
6. Confirmation that the meeting has been duly convened
7. The board’s proposal regarding rights issue
8. Number of board members, and election of board members and chairman of the board
9. Closing of the meeting

Rights issue (item 7)
The board proposes that the shareholders’ meeting resolve to increase the company’s share capital with not more than SEK 24,950,989.80 by an issue of not more than 145,555 class A shares and 13,716,106 class B shares. The shareholders shall be entitled to subscribe for new shares with preferential rights, whereby nine class A shares shall entitle to subscription for two new class A shares and nine class B shares shall entitle to subscription for two new class B shares (primary preferential rights). Shares not subscribed for with primary preferential rights shall be offered to all shareholders for subscription (secondary preferential rights). Any remaining shares shall be allocated to Symphony Technology Group, the underwriter of the rights issue. The record day for participation in the issue shall be 27 March 2008. Subscription for shares shall be made during the period 1-18 April 2008. The subscription price shall be SEK 11 per share.

Board members, etc (item 8)
As a consequence of Danir AB and Konstantin Caliacmanis having sold all of their shares in Teleca AB, Dan Olofsson, Konstantin Caliacmanis and Göran Larsson have declared that they will resign from the board. A proposal regarding new number of board members, and election of new board members and chairman of the board, will be presented in a separate press release before the EGM.

Documentation
The board’s proposal together with other documents will be available from the company and on its website, www.teleca.com, no later than two weeks prior to the EGM and will be sent on request to shareholders who provide their address.

There are 62,377,477 outstanding shares in Teleca AB. 655,000 of these shares are class A shares and 61,722,477 are class B shares. The shares entitle to a total number of 68,272,477 votes.


Malmö, February 2008
The Board of Directors of Teleca AB (publ)