Teleca's new capital structure and payment of the redemption amount

Teleca's new capital structure and payment of the redemption amount

As a part of the redemption procedure approved by the Extraordinary General
Meeting on June 20, 2007, Teleca AB carried out a share split where each share
was split into two shares, of which one redemption share. Upon completion of the
redemption procedure the redemption shares are redeemed at a redemption price of
SEK 9 per share and payment is expected to take place on August 13, 2007.
Teleca's share capital is restored to the same level as prior to the redemption
procedure.

The Swedish Companies Registration Office has yesterday registered a reduction
of Teleca's share capital of SEK 56,139,729.30 through redemption by way of
redemption of 655,000 class A redemption shares and 61,722,477 class B
redemption shares. 

Further, an increase in the company's share capital of SEK 56,139,729.30 is
registered following a bonus issue. The increase in the share capital is
transferred from the non-restricted equity. No new shares are issued in
connection with the increase of the share capital.

Following these transactions Teleca has a total of 62,377,477 outstanding
shares, of which 655,000 class A-shares and 61,722,477 class B-shares.

The redemption procedure means that SEK 561,397,293 will be distributed to
Teleca's shareholders, equivalent to SEK 9 per share. Payment to the
shareholders is expected to take place on August 13, 2007.

Since July 10, 2007, the Teleca share is traded in lots of 500 shares.


For further information, please contact: 
Christian Luiga, CFO, Teleca AB, mobile +46 703 75 16 04
Mattias Stenberg, Investor Relations Manager, Teleca AB, mobile +46 706 11 96 16

Teleca is a world-leading supplier of software services to the mobile devices
industry. This includes systems design and the integration of software and
hardware for mobile phones; there are also tailored solutions. We are around
2,000 experts in 11 countries in Asia, Europe and North America. Teleca is
quoted on the Mid cap list of the Nordic Exchange.