Investeringssällskapet completes the bid of BPA

Press Release

Investeringssällskapet 1999 AB’s (“Investeringssällskapet”) offer to the holders of shares and warrants issued by BPA AB (publ) (“BPA”) has been accepted to the extent that Investeringssällskapet has become the owner of shares and warrants corresponding to 98 per cent of the capital and 98 per cent of the voting rights, after exercise of all warrants. Investeringssällskapet has decided to complete the offer to the holders of shares and warrants in BPA.

In order to offer holders of shares and warrants issued by BPA who have not yet accepted the offer, to participate in the offer, Investeringssällskapet has decided to extend the acceptance period until June 29, 1999.

Settlement for shares and warrants from the original and extended acceptance period will begin on or about June 22, 1999 and July 8, 1999, respectively. Investeringssällskapet will initiate compulsory acquisition as soon as possible. The intention is to delist the shares and warrants issued by BPA at the Stockholm Stock Exchange as of July 5, 1999.

Investeringssällskapet 1999 AB The Board of Directors

For additional information, please contact:

Mikael Ahlström, Investeringssällskapet, Tel: +46 8 506 143 00
Per Blixt, Investor relations, PBA, Tel: +46 8 799 85 16, +46 70 549 28 08