STOCKHOLM, Sweden, January 10, 2003 (PRIMEZONE) -- Custos (Other OTC:CUSTF): In 1999 Regular Capital Inc ("Regular") -- which is wholly owned by the Swedish Post Office -- tried to prevent Custos to sell its shares in ASG to the Deutsche Post subsidiary Danzas Sweden AB, ("Danzas"). Regular argued that there was a Shareholders Agreement between the parties. After this question had been tried by the District Court as well as the Appellate Court, both of which dismissed Regulars requests, Custos finalised the transfer of the shares in ASG to Danzas. Subsequently Regular initiated arbitration against Custos. The Arbitral Tribunal rendered an award in August 2000 and declared that Regular's request should be dismissed. The Tribunal concluded that there was no agreement between Regular and Custos, which Custos -- in the opinion of Regular -- could have violated. Regular appealed the Arbitration Award to the Svea Court of Appeal.
The Svea Court of Appeal has today decided against Regular. The judgement rendered today is final and thus the Arbitration Award stands.
For further questions please contact: Cutos AB Mikael Nachemson +46 8 440 5770 Advokatfirman Vinge KB Mikael Broome +46 8 614 31 17 Olle Flygt +46 8 614 31 66
This notice is published in Swedish and English. In the event of any difference between the English version and the Swedish original, the Swedish version shall govern.
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The following files are available for download:
http://www.waymaker.net/bitonline/2003/01/10/20030110BIT00710/wkr0001.DOC
http://www.waymaker.net/bitonline/2003/01/10/20030110BIT00710/wkr0002.pdf