Comments by the Board of Directors to Deccan Value Advisors' public bid for IBS

Comments by the Board of Directors to Deccan Value Advisors' public bid for IBS

Deccan Value Advisors Fund L.P., Deccan Value Advisors Fund Ltd., A/D Value Fund
L.P. and Y/D Value Fund L.P. (”Deccan”) has presented a public bid for all
shares in IBS AB.

The Board of Directors of IBS will now make an assessment of the offer and
revert with a statement regarding the offer well in time before the acceptance
period terminates. An independent financial advisor will be appointed to assist
with an external valuation of the offer.

Two of IBS board members, Vinit Bodas and George Ho are employed by Deccan Value
Advisors L.P. which is the general partner and financial advisor to Deccan. Due
to Vinit Bodas and George Ho being related to the bidder, they will not
participate in the IBS boards' assessment of the offer.

IBS AB

Board of Directors

For more information please contact:

Oskar Ahlberg, Investor Relations Director IBS AB
Phone: +46 70 244 24 75
oskar.ahlberg@ibs.net

IBS (OMX Nordic Exchange STO: IBS) is a leading provider of specialized business
systems for specific industries such as publishing and book distribution,
pharmaceutical distribution, electrical and electronic parts and equipment,
paper, food and the automotive industry. IBS focuses on large and mid-sized
companies within supply chain management, demand-driven manufacturing, customer
administration and financial control. For further information, visit www.ibs.net