ANNUAL GENERAL MEETING IN HiQ INTERNATIONAL AB (PUBL)

ANNUAL GENERAL MEETING IN HiQ INTERNATIONAL AB (PUBL)

The following resolutions were adopted at the Annual General Meeting in
HiQ International AB on 28 April 2011:


  · Gunnel Duveblad, Ken Gerhardsen, Lars Stugemo, Anders Ljungh,
Christina Ragsten Pettersson and Jukka Norokorpi were re-elected as
members of the Board of Directors. Johanna Fagrell Köhler was elected as
new Board member. Leila Swärd Ramberg has declined re-election. The
General Meeting resolved to appoint Anders Ljungh as Chairman of the
Board of Directors.
  · PricewaterhouseCoopers AB was elected auditor for the period until
the end of the Annual General Meeting in 2015.
  · The General meeting decided to adopt the annual report and discharge
the Board and the Managing director from liability for the financial
year 2010.
  · The General meeting decided on a share split and mandatory share
redemption programme. The redemption procedure means that approximately
SEK 94 million, corresponding to SEK 1.80 per share will be repaid to
the shareholders. The decisions made by the General Meeting regarding
split and redemption include;
    · Decision to execute a share split 2:1, whereby each HiQ share is
divided into two shares. One of these shares will be a so called
redemption share.
    · Decision to reduce the share capital by mandatory redemption of
shares, whereby 52 302 723 redemption shares are redeemed.
      · Decision to increase the share capital by way of a bonus issue,
whereby the company's share capital is increased to it's value before
the decision to reduce the share capital.

Payment for each redemption share is SEK 1.80. Record date for the share
split is 11 May 2011. Trading in the redemption shares will take place
from 12 May 2011 up to and including 25 May 2011. Record date for the
share redemption is 1 June 2011. Payment is expected to take place
around 8 June 2011.

  · The General meeting decided to issue not more than 1,000,000
warrants. Each warrant shall entitle the holder to subscribe for one new
share. For not more than 800,000 warrants of Series I, the exercise
price shall correspond to 110 per cent of the average exchange quotation
of the Company's shares on the Stockholm Stock Exchange during the
period commencing 29 April 2011 up to and including 12 May 2011, and for
warrants of Series II, the exercise price shall correspond to 110 per
cent of the average exchange quotation of the Company's share on the
Stockholm Stock Exchange during a period of ten trading days immediately
following the announcement of the interim report for the three first
quarters of 2011. The issued warrants shall be subscribed for by HiQ
Stockholm AB - a wholly owned subsidiary of HiQ International AB -
whereby this company shall offer the warrants to employees within the
HiQ Group in Sweden, Denmark and Finland. HiQ Stockholm AB may subscribe
and transfer no more than in total 1,000,000 warrants of Series I and
II. If all 1,000,000 warrants are exercised, the share capital of the
Company will increase by SEK 100,000 corresponding to a dilution of
approx. 1.9 per cent of the Company's share capital and votes after
dilution. Considering previously adopted incentive programmes for
employees, the total dilution amounts to approx. 4.0 per cent. 

With purpose of increase participation in the incentive program, the
company intends to subsidise the holders of warrants, who still are
employed by HiQ at the end of the term by way of a bonus payment, which
after taxation amounts to the warrant premium. A prerequisite for the
subsidise is that the group has achieved its long term financial target
(presently the equivalent of an operating profit of 15 per cent.).

  · The General Meeting decided in accordance with the proposal by the
Board of Directors to authorise the Board of Directors to resolve on
purchasing, at one or several occasions, so many own shares that the
company's holding does not at any time exceed 10 per cent. of the total
number of shares in the company. The purchase of shares shall take place
on the OMX Nordic Exchange Stockholm and may only occur at a price
within the share price interval registered at that time, where the share
price interval means the difference between the highest buying price and
lowest selling price. Furthermore, the General Meeting resolved to
authorise the Board of Directors to pass resolutions on transferring the
company's own shares as payment in connection with an acquisition of
companies or businesses, at a price within the share price interval
registered at that time.
  · The General Meeting resolved in accordance with the proposal by the
Board of Directors to authorise the Board of Directors to resolve on
issues of shares against payment in kind of no more than 5,000,000
shares, at one or several occasions, during the period until the next
Annual General Meeting in connection with acquisitions.
  · The General Meeting also resolved to establish a Nomination
Committee according to the following principles. The Chairman of the
Board of Directors shall, based on the ownership as of 31 July 2011,
convene the three major shareholders in the company, which each are to
elect one representative to the Nomination Committee. In addition, the
Chairman of the Board of Directors can be elected to be a part of the
Nomination Committee. The Nomination Committee can also decide to
include an additional representative of a major shareholder or a group
of major shareholders to be part of the Nomination Committee. The names
of the representatives of the Nomination Committee shall be announced no
later than six months prior to the Annual General Meeting. The
Nomination Committee shall prepare and at the general meeting leave
proposals regarding electifees to the members of the Board of Directors
divided between the Chairman and other members as well as compensation
for work in committees; election of and fee to the auditors and (where
appropriate) any deputy auditors; decisions on principles regarding
election of the Nominating Committee; and Chairman for the Annual
General Meeting. 
  · The general meeting resolved a policy on remuneration and other
terms of employement for senior executives, in accordance with the
proposal by the Board of Directors.

HiQ International AB (publ)
The Board of Directors

For further information, please contact:

Lars Stugemo, President and CEO HiQ, tel.: +46 (0)8-588 90 000

Fredrik Malm, CFO HiQ, tel.: +46 (0)8-588 90 000

HiQ discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. This release
was released for publication at 18:45 CET on 28 April 2011.