Report from NeoNet AB's Annual General Meeting 17 May 2001

5/18/2001 3:56 AM EST

Distribution of earnings
The general meeting resolved that the profit for the year, SEK
1,085,575, as well as group contributions received in the amount of SEK
19,335,188 and profits carried forward in the amount of SEK 342,042, in
total SEK 20,762,805, be allocated such that no dividend is paid to
shareholders and the entire amount is carried forward.

Change in the board of directors
The general meeting resolved that, until the close of the next annual
general meeting, the Board of Directors shall consist of five members:
Torvald Bohlin, Hans Karlsson, Staffan Persson, Mats Sundström, and
Thord Wilkne. Lars Dahlin was not available for re-election. Johan
Englund is the employee representative on the Board of Directors. The
general meeting resolved that SEK 470,000 be paid as fees to the Board
of Directors for the period until the expiry of the next annual general
meeting, the aforesaid amount to be allocated among the members of the
Board of Directors as the Board deems appropriate.

Ratification of previous decisions
The general meeting adopted the resolution proposed by the Board of
Directors to ratify previous decisions and actions in the company, which
proposal was publicly announced in conjunction with the notice to attend
the general meeting.

Stock options scheme
The general meeting adopted the resolution proposed by the Board of
Directors to authorise the Board of Directors to enable the company's
subsidiaries to acquire warrants to subscribe for shares in the company
to the extent necessary to enable the company and/or other companies in
the group to maintain and recruit skilled personnel and to increase
motivation among employees of the group, which proposal was publicly
announced in conjunction with the notice to attend the general meeting.

For further information, please contact:
Torvald Bohlin, CEO of NeoNet AB (publ)
Tel. + 46 8 454 15 39
 


NeoNet is a leading provider of real time equity execution services for
institutional investors and broker-dealers. Through its electronic
execution network NeoNet provides its clients with efficient, secure and
anonymous access to currently over 50 % of the equity market
capitalization in Europe. NeoNet focuses on providing single access to
multiple securities markets worldwide. Currently NeoNet has clients in
eleven countries including the U.S. NeoNet has over 60 employees with
offices in Stockholm and New York and is listed on Stockholmsbörsen.

NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden
Tel: +46 8 454 15 00, Fax: +46 8 10 40 84
www.neonetsecurities.com