Subscription for new shares after exercising option rights

12/29/2000 3:05 AM EST

Subscription for new shares as a result of Aspiro's option programme from
1998.

In 1998, Aspiro AB issued a promissory note with separate option rights
for new subscriptions to shares. After separation, the option rights were
transferred to 13 employees at Aspiro. The period for subscription to
shares was from 1 October to 31 December 2000. The subscription rate was
SEK 0,02 per share.

All the option rights were exercised, increasing the share capital from
SEK 23,012 to SEK 1,000,477 and the number of shares has been increased by
1,150,578 to 50,023,843.

For more information, please contact:
Helena Gynnerstedt, Press Officer, Aspiro AB, tel: +46 709 918018

About Aspiro
Aspiro provides mobile Internet services, promoting life in motion, using
cutting-edge knowledge and technologies. Aspiro offers operators, content
providers and mobile organizations a wide range of solutions, from pre-
packaged portal services to industry-specific solutions.

Founded in 1998, Aspiro is today an important player in the global mobile
Internet market. 125 people currently work for the company, which has
offices in Sweden, Luxembourg and USA. Aspiro's business concept,
organization and operations are based on many years of experience gained
in the mobile telecommunications and IT industries.

For further information about Aspiro, please visit www.aspiro.com