Directed new share issue of 880 000 shares in POOLiA

11/17/2000 3:30 AM EST

The Board of POOLiA has decided on a directed new share issue of 880 000
shares of series B, targeting institutional investors. The decision was
made based on a mandate given by an Extraordinary General Meeting of
POOLiA shareholders, on November 7, 2000. The issue price has been set to
SEK 425, which implies that the company will raise approximately MSEK 374
before issue costs. The issue price represents a discount of approx. 2,3
percent in relation to the closing price on the Stockholm Stock Exchange
on November 16th , 2000. After the new share issue, the total number of
shares outstanding in POOLiA will amount to 7 578 388, of which 1 341 272
are shares of Series A and 6 237 116 are shares of Series B.

Furthermore, POOLiA has, at the request of Enskilda Securities, agreed to
issue at the most 88 000 new shares of series B to cover a possible over
allotment, corresponding to a further capital inflow of MSEK 37 at the
most. Including the possible over allotment, POOLiA will thus raise a
total amount of MSEK 411, before issue costs.

- We are very pleased with the placement. It shows the great confidence
that Swedish and International investors have in POOLiA, says Mats Edlund,
CEO of POOLiA.

- POOLiA is currently one of the most rapidly growing companies in
Sweden. During the first nine months of this year, turnover has increased
by 103% compared to the corresponding period the previous year while
profitability has continued to improve. Through the new share issue we
will create the foundation for further expansion of our business in
segments of the Swedish and international markets where the potential for
growth is substantial. We intend to grow both organically and through a
few acquisitions, says Mats Edlund, CEO of POOLiA.

In connection with the new share issue, Enskilda Securities may effect
transactions, which stabilise or maintain the market price of POOLiA
shares at a level which might not otherwise prevail. Such stabilisation if
commenced must take place on the OM Stockholm Exchange before the expiry
of the period ending on 18 December 2000 and may be discontinued at any
time.

Enskilda Securities AB is the financial advisor to POOLiA in connection
with the new share issue.

For further information please contact
Mats Edlund, President and CEO (Tel: +46-8-555 650 50)

"These materials are not an offer for sale of the Shares in the United
States. The Shares may not be sold in the United States absent
registration or an exemption from registration under the U.S. Securities
Act of 1933, as amended. POOLiA AB (publ) does not intend to register any
portion of the offering in the United States or to conduct a public
offering of Shares in the United States."