COPENHAGEN, Denmark, Jan. 2, 2003 (PRIMEZONE) -- GN's (Other OTC:GGNDF) four business areas are expected to generate 2003 revenues of approximately DKK 4.8 billion and to significantly enhance earnings, bringing the combined EBITA to approximately DKK 550 million. As part of the streamlining process, GN is putting its Kongens Nytorv premises on the market and moving its joint functions to rented premises to be shared with GN's Danish headset operations.
The Board of Directors recommends that no dividend be declared in respect of the 2002 fiscal year.
The Board of Directors recommends that the vote restriction of 7.5% be abolished.
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