Company Announcement No. 8/2007 Copenhagen, Denmark 25 July 2007 Olicom prepares share issue Copenhagen, Denmark, July 25, 2007: Olicom A/S, which trade on OMX Nordic Exchange in Copenhagen, today announced that the Company is still working on preparing the share issue and the acquisition of a real estate portfolio from the real estate investment company ADR Nr. 1904 ApS as most recently described in the Company's announcement no. 4/2007 of April 26, 2007. As the preparations have proven to be more time consuming than originally anticipated, the share issue is now expected to be completed before the end of Q3 2007. Forward Looking Statements This announcement contains forward looking statements, which are subject to risks and uncertainties, which may cause actual results to differ from the anticipated results. About Olicom Further information about Olicom can be found at www.olicom.com or obtained by contacting CEO Boje Rinhart tel. +45 4527 0000 or e-mail bri@olicom.com.