New share issue oversubscribed

Meda’s new share has been completed and it was subscribed at 120 percent. Through the new share issue, Meda will raise SEK 1,511 million before issue costs.

“Meda’s new share issue financed the recent strategic acquisitions and despite the turmoil on the financial markets the share issue was significantly oversubscribed. That is very satisfying and we appreciate the confidence”, said Anders Lönner, CEO Meda.

99.35 percent of the shares offered in the new share issue were subscribed for with preferential subscription rights. In accordance with the principles described in the prospectus, the 280,338 Class A shares which were not subscribed for with subscription rights (corresponding to 0.65 percent of the total number of shares offered) will be allotted to shareholders who subscribed for shares without subscription rights. As the new share issue is fully subscribed for, the underwriting guarantee does not need to be utilised.

As a result of the new share issue, the number of shares in the company increases with 43,177,580 shares through the issue of 43,177,580 new Class A shares. The share capital of Meda increases with SEK 43,177,580. After the new share issue, the share capital amounts to SEK 302,243,065 distributed among 302,243,065 Class A-shares. The new issued Class A shares are scheduled to become subject to trading at the OMX Nordic Exchange Stockholm during December 2008.

Danske Markets is the financial advisor of Meda in connection with the new share issue.





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