Company Announcement No. 10/2007 Copenhagen, Denmark October 25, 2007 Financial results for Q3 2007 Copenhagen, Denmark, October 25, 2007: Olicom A/S, which trade on OMX Nordic Exchange in Copenhagen, today announced its financial results for Q3 2007. New Main Activity As also announced in the Company's annual report for 2006, the Company has entered an agreement with ADR NR. 1904 ApS (“ADR”) on a share issue and the acquisition from ADR of a real estate portfolio. The agreement is conditional upon approval of the terms of the share issue by an extraordinary shareholders' meeting expected to take place mid November 2007. Under the agreement ADR will secure the funding of Olicom's operations until the completion of the share issue. After the planned share issue Olicom's future main activity will be real estate investments. The Company's existing IT venture capital investments are expected to be held until exits are achieved. The share issue is expected to comprise a share capital increase in the amount of app. DKK 200 million of which app. DKK 65 million will be offered as a rights issue and another DKK 133 million will be a directed issue. Through the directed issue debt of app. DKK 28 million will be converted to share capital, DKK 5 million will be paid in cash and the Company will acquire 11 business properties predominantly located in Denmark having a net value of app. DKK 100 million. The gross value of the properties of DKK 300 million has mainly been determined based on valuations provided by independent experts. The subscription price is expected to be equal to the nominal value of the shares, which is DKK 0.25 per share. The Company expects that the prospectus for the rights issue will be completed and approved allowing the issue to take place early 2008. Q3 Report The Board of Directors and Management have today considered and approved the Interim Report for the period January 1 - September 30, 2007 for Olicom A/S. The Interim Report, which has not been audited, has been drawn up in accordance with the provisions in IFRS and additional provisions for companies listed on OMX Nordic Exchange in Copenhagen. The accounting policies applied are considered as appropriate so that the Interim Report under the stated assumptions gives a true and fair view of Olicom A/S' assets, liabilities and financial position as of September 30, 2007 and of the Group's results for the period January 1 - September 30, 2007.