Stockholm, Tuesday October 2, 2001. B2 Bredband AB (publ.) ("B2" or
"Bredbandsbolaget") is pleased to announce today that it has reached an
agreement with Orange SA for a sale of B2 Bredband Mobile 34% share in
the 3G consortium Orange Sverige AB.
Following the purchase Orange SA now holds 85% up from 51%.
The other shareholders are Skanska with 10%, NTL with 3% and Shipsted
with 2%.

The agreement reflects B2 Bredband's sharper focus of its core business
of deploying a fiberbased broadband network and providing broadband
services to residential users. Today B2 Bredband is providing high speed
Internet access
of 10 Mbps to 46.000 subscribers out of 144.000 connected households in
32 cities in Sweden.

The consortium Orange Sverige AB was awarded a UMTS license in December
2000.

"I'm very pleased with our relationship to Orange and also very happy
that we have been able to develop the...