IBS nomination committee

IBS nomination committee 

Considering the shareholder composition of the company (the largest shareholder
group, consisting of funds managed by Deccan Value Advisors L.P., holds shares
representing almost 78 per cent of the votes in the company) and the fact that
the company has been informed that the company's largest shareholder group does
not, taking into consideration its large majority, wish to participate in the
work of the nomination committee but instead wishes to present its own proposal
in connection with the annual general meeting, the establishment of a nomination
committee has been deemed unnecessary. Thus, the company deviates from the rules
on nomination committee that are contained in the Swedish Code on Corporate
Governance.

Proposals regarding appointments of chairman at the annual general meeting,
members of the board of directors, auditors as well as regarding remuneration to
the members of the board of directors and the auditor will be made by the
company's largest shareholder group and presented in the notice for the annual
meeting as well as on the company's website. However proposals and opinions from
the other shareholders are more than welcome. A shareholder that wishes to
nominate a board member or wishes to contact a representative of the company's
largest shareholder group for some other reason may contact the chairman of the
board of directors Dr. Pallab Chatterjee or alternatively CEO and President Mike
Shinya.

For more information, please contact:
Oskar Ahlberg, Senior Vice President of Communications, IBS AB
Tel: +46-70-244 24 75
oskar.ahlberg@ibs.net




IBS in brief
With over 30 years of experience, IBS is a leading provider of distribution
management solutions. IBS focuses on industries such as automotive, electrical
components, paper & packaging and pharmaceutical distribution. More than 5,000
customers across some 40 countries use IBS software to gain fast and measurable
returns on IT investments.

IBS B share is listed on OMX Nordic Exchange Stockholm. For more information,
please visit www.ibs.net