STOCKHOLM, Sweden, Dec. 6, 2004 (PRIMEZONE) -- At the extraordinary general meeting in Song Networks Holding AB (publ) held today the following resolutions, among others, were passed.
-- The Board of Directors was elected in accordance with the proposal set out in the notice:
Re-election of Kjell Nilsson and election of Kim Frimer (President TDC Solutions), Martin Lippert (Executive Vice President TDC Business) and Jesper Helmuth Larsen (Chief Financial Officer TDC Solutions). It was decided to submit to the Board of Directors itself, to decide upon allocation of the board remuneration for the period up to the next annual general shareholders' meeting.
-- It was resolved in accordance with the proposal set out in the notice to entitle and authorise the board to sell, at its discretion and up to the next annual general meeting, all or a larger part of the company's subsidiaries to other companies within the TDC group for a fair market value price.
At the first meeting of the Board of Directors, Kim Frimer was appointed chairman of the board.
About Song Networks, (Stockholmsborsen:SONW) Song Networks is a Nordic data and telecom operator. Since the fall of 2004, Song is a subsidiary to TDC, Denmark's leading telecommunications company with an annual revenue of approximately DKK 50 billion (2003). Song offers business critical communications solutions to corporate customers based on its own infrastructure in Sweden, Finland, Norway and Denmark. The leading-edge expertise is found within IP VPN and Internet Access. Business customers are connected at competitive prices to the Group's DSL and fiber network, which offers high capacity and the best coverage in the Nordic region. Song was founded in 1995 and has approximately 860 employees located on 22 offices in the Nordics with headquarter in Stockholm. www.songnetworks.net
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