Europeinvestment A/S (formerly Live Networks Holding A/S) CVR no. 10435013 c/o Inwema ApS Kongevejen 53, DK-2840 Holte Telephone 0046 8 545 00140 Stock Exchange Notification 2007-08-08 Re.: Criminal charges against board members and members of management The police (statsadvokaten for særlig økonomisk kriminalitet) have today charged members of the Board and management of Europeinvestment A/S with crimes relating to incorrect company information and price manipulations or attempts hereto. The alleged crimes relate to the period 19 April 2005 to 20 April 2006. The charges relate to assets that have been disposed of by Europeinvestment A/S. The persons charged include former board members / managing directors David Lowe, Simon Denton, Sebastian Bach and Björn Schröder, as well as two existing member of the Board and management, Kenneth Dundas, Hans Birkholm and Castro Khatib. The third board member, Staffan Hillberg, has not been charged. The charges relate to the following matters: 1) Incorrect information, cf. the Penal Code § 296, by during the period 19 April 2005 until 23 February 2006 letting Europeinvestment A/S providing incorrect and price manipulating information about its situation by in connection with stock exchange notifications and prospectus, accounts etc. pretending that the Company through the Swedish company Live Networks International AB had access to more than 25,000 adult movies at a value of at least DKK 100 million, which according to the police was incorrect. 2) Price manipulation or attempts hereto, cf. the Securities Trading Etc. Act § 94, cf. § 39, cf. § 38, by letting Europeinvestment A/S provide incorrect and price manipulat-ive information about the value of the Company's shares by notifying that the Company's major shareholder, Aladdin Investment Services Ltd., had sold 12 million shares in the Company to a number of private investors at a price of DKK 11.5 per share, which according to the police was incorrect. 3) Price manipulation or attempts hereto, cf. the Securities Trading Etc. Act § 94, cf. § 39, cf. § 38, by letting Europeinvestment A/S provide incorrect and price manipulative information about the Company's matters, by pretending that the companies Tritel Media AB and Tritel Investments Inc, which had now taken over the Company's activities from Live Networks International AB, had the financial capability to develop the company's business, which according to the police was incorrect. 4) Price manipulation or attempts hereto, cf. the Securities Trading Etc. Act § 94, cf. § 39, cf. § 38, by letting Europeinvestment A/S provide incorrect and price manipulative information about the Company's matters, by informing in stock exchange notifications that Tritel Investments Inc. would make a purchase offer to the shareholders of the Company that they could swap their shares in the Company for shares in Tritel Media AB in the ratio 1 to 1. Initial comments to the charges Hans Birkholm, Kenneth Dundas and Castro Khatib have not yet had the chance to com-ment officially on the charges. They have not yet been in contact with the other persons charged. The initial comments to the charges are the following: Re. 1) This matter has been investigated in depth by the Securities Council (Fondsrådet) who concluded that they had found no indications of violation of the rules in relation to the accounts. Re. 2) The information concerning the sales price was provided to Europeinvestment A/S by Aladdin Investment Services Ltd., which information was passed on in good faith. Re. 3) The charge is unclear. It may be noted that the information about Tritel Media AB's financial situation were based on information provided by Tritel Media AB and published via Nordic Growth Market and was passed on by Europeinvestment A/S in good faith. Re. 4) Europeinvestment A/S passed on information provided by Tritel Investments Inc. concerning the purchase offer to be made. The information was passed on in good faith. Effect for the Existing Board and Management Some of the persons being charged were today detained by the police in Denmark or in Sweden. This includes Hans Birkholm and Kenneth Dundas but not Castro Khatib who was abroad when the police came to his Swedish address. Hans Birkholm and Kenneth Dundas have been or will be released during the day. The police has not requested any persons to be remanded in custody (varetægtsfængslet). The Board and Management have not yet determined what, if any, effect the charges will have for the functions carried out by any of the persons charged. A board meeting will be convened as soon as possible, after which board meeting the Company will notify about the Board's decision in that regard. Effect for Europeinvestment A/S The charges relate to assets that have been disposed of or to activities that have occurred in the past. Even if correct, the charges will thus not affect the present financial status of Europeinvestment A/S. As previously notified, the Board of Directors of Europeinvestment A/S are in the process of finalising negotiations in relations to investments and sale of shares in Europe Vision Plc. At the present stage it is not possible to determine whether any of these activities will be affected by the criminal charges. Objectively, the activities should not be affected by criminal charges in relation to assets that have already been disposed of, but there is no certainty that the contract parties will agree to continue and finalise the negotiations regardless of the criminal charges. Questions may be made to managing director Castro Khatib at telephone 0046 8 545 00140. Europeinvestment A/S