2007-05-25 Last trading day for redemption shares in AB Novestra

LAST DAY FOR TRADING IN REDEMPTION SHARES

Today, Friday May 25, 2007, is the last day for trading in the redemption shares in AB Novestra at the OMX Nordic Exchange Stockholm. The redemption shares will thereafter be automatically redeemed for a redemption payment of SEK 5 in cash. The distribution of the redemption payment is expected to take place on June 4, 2007.

Background
Based on Novestra’s strong balance sheet after the redemption of its holding in Nove Capital Fund, the AGM voted for a cash distribution to the shareholders in Novestra. The distribution will be through a redemption procedure as an alternative to a dividend. In the redemption procedure each Novestra share will be split into two shares, one Novestra share and one redemption share. The redemption share shall be redeemed for SEK 5. Accordingly, the aggregate redemption payment amounts to approximately MSEK 186.

For further information please contact Johan Heijbel, Managing Director, AB Novestra, telephone no. +46 8 545 01750.

About AB Novestra
Novestra is an independent investment company with a portfolio of investments in a number of privately held growth companies including Diino AB, Explorica, Inc., MyPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Holdings, Inc.

The Novestra shares are listed on the OMX Nordic Exchange Stockholm. For further information regarding AB Novestra, reference is made to www.novestra.com

Comments are closed.