NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA. Täby, Sweden, April 9, 2010 - Micronic Laser Systems AB (publ.), listed on the NASDAQ OMX Nordic Exchange Stockholm, in the category Small cap, Information Technology: MICR The Board of Directors in Micronic Laser Systems AB (publ.) decided on the following terms for the rights issue: * The issue price is SEK 7.50 per share. * Each share held on the record date entitles to the receipt of one subscription right. Every two subscription rights entitle to subscription of one newly issued share. * The share capital shall increase by no more than SEK 32,638,836 through issue of no more than 32,638,836 shares. The rights issue is subject to approval by the extraordinary shareholders' meeting to be held on April 12, 2010. Upon full subscription, the issue will provide the company with approximately SEK 244.8 million, prior to issue costs. Background and rationale Micronic and Intel Corporation have entered an agreement to develop laser based lithography solutions. Micronic has also received a purchase order from Intel Corporation for one LDI system. In order to secure financing for the development of this new and dynamic market opportunity the Board of Directors of Micronic has on March 25, 2010 decided to carry out a SEK 240 million rights issue with preferential rights for existing shareholders. In accordance with the Board of Directors' decision for a rights issue the Board of Directors has decided on the maximum amount by which the share capital shall be increased, the maximum number of shares to be issued, the subscription ratio and the issue price per share. Existing shareholders have committed to subscribe for shares, through the use of subscription rights, corresponding to approximately 42 per cent of the rights issue. Furthermore, should the rights issue not be fully committed, Intel's global investment organization Intel Capital has undertaken to subscribe for remaining shares, which have not been subscribed for, for an amount of no more than SEK 80 million, subject to certain conditions including a subscription level of at least SEK 160 million. Terms of the rights issue Shareholders will receive one subscription right for each share held on the record date. Every one subscription rights entitle to the subscription of one newly issued share. The share capital shall be increased by no more than SEK 32,638,836 and no more than 32,638,836 shares shall be issued. The issue price is SEK 7.50 per share. Subscriptions may also be made without subscription rights. The Board of Directors shall first and foremost allot shares to those who have subscribed for shares by existing subscription rights and, in case of oversubscription, in proportion to the number of sub-scription rights used for subscription of shares; secondly to others who have applied for subscription without subscription rights, in case they cannot receive full allocation, in proportion to the number of shares that each subscriber has applied to subscribe for; thirdly, to Intel Capital subject to certain conditions. The record date for participation in the rights issue is April 27, 2010. New shares will be subscribed for during the period as from, and including, May 5, 2010 until, and including, May 21, 2010, or such later date as decided by the Board of Directors. The detailed terms of the rights issue will be set out in the prospectus to be prepared and made public regarding the rights issue. The prospectus will be made public on or around May 3, 2010 and will be made available on Micronic's website and be sent out to the shareholders of Micronic. Estimated timetable April 12 Extraordinary General Meeting April 23 First day of trading in the shares, excluding right to participate in the rights issue April 27 Record date for participation in the rights issue, i.e. shareholders registered in the share register of Micronic as of this day will receive subscription rights for participation in the rights issue May 3 Prospectus made public May 5-May 18 Trading in subscription rights May 5-May 21 Subscription period May 26 The result of the rights issue is made public Company contacts: Peter Uddfors President & CEO +46 8 638 52 00 peter.uddfors@micronic.se Carl-Johan Blomberg CFO +46 8 638 52 00 carl-johan.blomberg@micronic.se About Micronic Laser Systems AB Micronic Laser Systems AB is a Swedish high-tech company engaged in the development, manufacture and marketing of a series of extremely accurate laser pattern generators for the production of photomasks and advanced surface mounting technology (SMT) equipment for flexible production of electronics. The laser pattern generators are used by the world's leading electronics companies in the manufacture of television and computer displays, semiconductor circuits and semiconductor packaging components. The SMT equipment, including software applications, is used for stencil free jetting of solder paste and surface mounting of electronic components. Micronic headquarters is located in Täby, north of Stockholm and at present the Group has subsidiaries in the United States, Japan, South Korea, Singapore, China, Taiwan, Germany, France, United Kingdom and the Netherlands. For more information about laser pattern generators, see our web sites www.micronic.se and SMT equipment, see www.mydata.com Disclaimers This press release is not an offer for subscription for shares in Micronic. A prospectus relating to the rights issue referred to in this press release and the subsequent listing of the shares at NASDAQ OMX Stockholm will be prepared and filed with the Swedish Financial Supervisory Authority. After approval and registration of the prospectus by the Swedish Financial Supervisory Authority, the prospectus will be published and made available on inter alia Micronic's website. The distribution of this press release in certain jurisdictions may be restricted. This press release does not constitute an offer of, or an invitation to purchase, any securities of Micronic in any jurisdiction. This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration as provided under the US Securities Act of 1933, as amended. Micronic does not intend to register any portion of the offering in the United States or to conduct a public offering of any securities in the United States. This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Copies of this announcement are not being made and may not be distributed into the United States, Australia, Canada, Japan and South Africa.