Extraordinary General Meeting in Poolia AB (publ)

11/7/2000 11:43 AM EST

The Extraordinary General Meeting in Poolia (publ) authorised today the
Board of Directors to decide on one or more directed issues of up to a
total number of 1 100 000 new shares of series B, directed to
institutional investors. The purposes of the new share issues are to
provide the company with funds for continued expansion and to widen the
shareholder base.

- Through the intended new share issues 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 number of acquisitions. New
share issues directed to institutional investors will lead to a widened
shareholder base, which is favourable to the liquidity of the share, says
Mats Edlund, CEO of Poolia.

The intention is that the directed new share issues will be carried out at
market terms and for cash payment and directed to institutional investor
by waiving the pre-emptive rights of existing shareholders.

For further information, please contact;
Mats Edlund, CEO, Poolia AB (publ), tel 08-555 650 50
Kjell-Åke Jägenstedt, CFO, tel 08-555 650 09

"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."