Report from the extraordinary general meeting of Teleca AB held on 7 March 2008

The general meeting of Teleca has resolved to issue shares in accordance with the board’s proposal; two new board members have been elected

Today’s extraordinary general meeting of Teleca resolved to issue new shares with shareholder pre-emption in accordance with the board’s proposal. Nine existing shares entitle the shareholders to subscribe for two new Teleca shares of the same class at SEK 11 per share. The record day for participation in the rights issue is 27 March 2008. The subscription period is 1-18 April 2008. A prospectus will be distributed in connection with the commencement of the subscription period.

In accordance with the nomination committee’s proposal, Chet Kamat and J.T. Treadwell were elected new board members, whereas Dan Olofsson, Konstantin Caliacmanis and Göran Larsson resigned from the board. Chet Kamat and J.T. Treadwell both represent Symphony Technology Group, which is now Teleca’s largest shareholder. Chet Kamat was elected chairman of the board.



For more information contact
Christian Luiga, CFO, Teleca AB, mobile +46-703751604
Mattias Stenberg, Investor Relations Manager, Teleca AB, mobile +46-706119616