Achievement of conditional pledges to subscribe of more than DKK 50 m.

In Nordicom's announcement of March 5th 2010, the company announced that a
conditional agreement had been reached between Nordicom and the company's most
significant creditors regarding improving the company's financing conditions.
 
According to the agreement, the banks will, over a period of 3 years, beginning
January 1st 2010, freeze and lower interest rates on the bank debt covered by
the agreement and lower margins on the mortgage debt. Furthermore, the maturity
of the bank debt covered by the agreement has been extended to December 31st
2012. The maturity of the group's mortgage debt is already more than 3 years. 
In addition, the agreement features a flexible right to accumulate interest
payments on the bank loans within an agreed framework. 

According to the bank agreement, Nordicom A/S is committed to carrying out an
increase in the company's share capital of a minimum of DKK 100 m in net
proceeds by September 30th 2010 at the latest, and conditional pledges to
subscribe of at least DKK 50 m must exist before June 30th 2010. 

Today, conditional pledges to subscribe of more than DKK 50 m have been
received. Thus, the bank agreement is now only conditional on a capital
increase of a minimum of DKK 100 m in net proceeds by September 30th at the
latest. The company expects that the capital increase will be carried out in Q3
2010. 

Kind regards,

Nordicom A/S
Board of directors,

For further information/ comments please contact Managing Director of Nordicom
A/S, Niels Troen, tel. +45 33339303, mobile: +45 51512342