Guava A/S to extend the Company management as at 15 August 2008 by appointing Guava's Swedish Manager, Nils Carlsson, Chief Operation Officer (COO) in Guava A/S. Nils Carlsson has served as the Manager of the Company's Swedish operations for two years and has been at the head of the merger of the three entities acquired. Nils Carlsson has thirteen years' management experience at top level from the IT and telecom industries. On the basis of his previous positions as Vice President of Marketing & Products in Telenor Sverige AB, Manager of Marketing & Products in Vodafone Sverige AB, and as Manager of the business development in Europolitan AB, the Management considers Nils Carlsson extremely well prepared for the position as COO/Chief Operations Director in Guava. Brian Mertz Pedersen continues to serve in his position as Chief Executive Officer/CEO. Concurrently herewith, the Company's UK Manager, Graeme Radford, is appointed Group Vice President and Deputy for Nils Carlsson and Brian Mertz and as part of the top management of the Company. New Manager for the Company's Swedish operations will be Swedish Jonas Johnsson, who has been working in the Swedish company since 2005. Please read more in the enclosed announcement. With kind regards Brian Mertz Pedersen Managing Director/CEO For further information, please contact the following persons: Guava A/S Horwath Revisorerne (Nominated Advisor) Sankt Gjertruds Stræde 10 Strandvejen 58 DK-1129 Copenhagen K DK-2900 Hellerup Brian Mertz Pedersen Søren Jonassen Managing Director/CEO State Authorised Public Accountant Revisor Phone: 70 27 80 89 Phone: 39 29 25 00 E-mail : ir@guava.com E-mail: s.jonassen@revisor.com