Medicover's New Share Issue Oversubscribed


STOCKHOLM, Sweden, June 30, 2005 (PRIMEZONE) -- The new share issue in Medicover Holding S.A. has now been completed. The new share issue was oversubscribed with 124%. 1,708,638 shares, representing 96.0% of the offered new shares, were subscribed for with preferential rights. Through the new share issue Medicover will receive SEK 106,842,180 (EUR 11.684.543,65), before issue costs.

Through the new share issue, the number of shares/Swedish Depositary Receipts (SDRs) will be increased by 1.780.703 shares/SDRs from 12.464.924 to 14.245.627 shares/SDRs. Following the new share issue, the registered share capital of Medicover will amount to EUR 79,952,162.17. Trading with newly issued SDRs on the Stockholm Stock Exchange is expected to start on or about 12 July 2005.


 Investor Relations Contacts

 Fredrik Ragmark 
 Managing Director 
 Phone: +32 475 751964 
 E-mail: fredrik.ragmark@medicover.com

 Joe Ryan 
 Finance Director 
 Phone: +32 477 560382  
 E-mail: joe.ryan@medicover.com

About Medicover

Medicover, a fast-growing health care company, provides private health care to companies, organizations and individuals with a high-quality subscription service. Medicover offers services though a network of Medicover's own clinics and a contracted network of specialist care and in patient care to over 6,000 client companies and approaching 150,000 members. Medicover is present in Poland, Romania, Hungary, Czech Republic and Estonia and also operates laboratory diagnostic services in Poland and Romania. Medicover had a revenue of Eur 42.9 million in 2004.

This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=112361&fn=wkr0001.pdf


-0-