STOCKHOLM, Sweden, April 22, 2004 (PRIMEZONE) -- The shareholders of Framfab AB (publ) are hereby invited to attend a special meeting at 9:30 AM on Monday, May 10, 2004 at Naringslivets Hus, Storgatan 19, Stockholm, Sweden.
Notification
Any shareholder wishing to attend the meeting must
-- be entered in the stock register kept by VPC AB no later than
Friday, April 30, 2004
-- notify the Company of his or her intention to attend the meeting
by 4 PM on Wednesday, May 5, 2004
Notification must be made by writing to Framfab AB (publ), attn: Anita Hallgren, Box 38078, SE-10064 Stockholm, Sweden, faxing to +46 8 411 65 95, calling +46 8 410 010 39 or e-mailing to anita.hallgren@framfab.se. Notification should include the shareholder's name, civic registration no. or corporate identification no., number of shares held, address, phone number and the number of his or her representatives. If attendance is by proxy, authorization should be submitted along with the notification.
In order to attend the meeting, any shareholder whose shares are registered in the name of an authorized agent must request temporary entry in the stock register under his or her own name. A shareholder desiring such re-registration must so inform the authorized agent well ahead of April 30, 2004.
Proposed Agenda
1. Selection of the chairman of the meeting.
2. Preparation and approval of the list of shareholders entitled to
vote at the meeting.
3. Approval of the agenda.
4. Selection of one or two people to check the minutes.
5. Verification that shareholders have been duly notified of the
meeting.
6. Authorization for the Board to issue new shares.
7. Other matters that are the business of the meeting in accordance
with the Swedish Companies Act or the Company's articles of
association.
8. Adjournment of the meeting.
Proposals
Authorization for the Board to issue new shares (Item 6)
In accordance with its resolution of April 21, 2004, the Board proposes that the meeting authorize it to increase the Company's capital stock by up to 15,721,898.60 kronor through issuing a maximum of 314,437,972 shares at a par value of 0.05 kronor each. If the settlement issue proposed by the Board on April 21, 2004 and authorized by the annual general meeting of March 25, 2004 is subscribed for, capital stock will increase by up to an additional 700,000 kronor through the issue of a maximum of 14,000,000 more shares. Shareholders will enjoy the right of priority to subscribe for two new shares for every five shares previously held. The subscription price will be 0.50 kronor per share. Subscription for shares based on the right of priority will be paid for in cash from May 19 through June 9, 2004. The record date for determining right of priority to subscribe for shares will be May 14, 2004. If all newly issued shares are not subscribed for based on the right of priority, the remaining shares will be allocated as determined by the Board, whereby shares subscribed for not based on the right of priority will first be allocated among subscribers who have exercised subscription rights and second among parties who have underwritten the issue.
Other Matters
The Board's full resolution in accordance with the above, along with documents pursuant to Part 4, Section 4 of the Swedish Companies Act (1975:1385), will be available from the Company at Krukmakargatan 37A, Stockholm, Sweden (phone +46 8-41 00 10 39), and mailed to shareholders upon request, as of May 3, 2004.
Stockholm, April 2004 Framfab AB (publ)
Framfab is a leading European communications specialist in digital media and interactive solutions based on Internet technology. Most of Framfab's customers are large international companies, including 3M, American Express, AXA, Carlsberg Breweries, Cheltenham and Gloucester Building Society, the Coca-Cola Company, Danske Bank, DuPont, Ericsson, Hydro Texaco, Kellogg's, Kraft Food International, Lloyds TSB, Nike, Nobel Biocare, Observer, Philip Morris International, Philips, Postbank, SAAB, Sara Lee Douwe Egberts, Vodafone, Volvo Car Corporation, Volvo Group and UBS. Framfab operates in Denmark, Germany, the Netherlands, Switzerland, Sweden and the United Kingdom. The company is quoted on the O list of the Stockholm Stock Exchange (ticker symbol FRAM). For additional information, see www.framfab.com
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