Bure focuses on education - Change of CEO is prepared

Bure focuses on education - Change of CEO is prepared

In recent years Bure has accelerated its investments in the educational market,
and at present the Group's educational units account for around two-thirds of
consolidated sales and an even larger share of operating profit. Bure's new
business focus has placed the company among the Nordic region's leading
commercial players in the educational market, where Bure's current holdings
consist of the independent school operator Anew Learning, Mercuri International
(Europe's leading sales and management training consultancy) and the listed
associated company AcadeMedia whose activities include independent school
operations.
Bure will successively divest its remaining non education-related holdings. In
view of Bure's proposed strategy to become a commercial provider of educational
products and services, the company's financial key ratios and capital structure
will be reassessed. This also means that Bure's Board of Directors will propose
new Articles of Association for decision by the 2008 AGM. The ambition is to
complete the streamlining process within the next 12-month period.

As a consequence of the decision to streamline the operations, the current CEO
Mikael Nachemson will leave the company in the second half of 2008. The Board of
Bure has therefore decided to begin a recruitment process to find a new CEO for
the company. 

“Mikael has created significant shareholder value and driven the large-scale
realignment and focusing process in an exemplary manner. Mikael has taken the
initiative in building the new education-oriented Bure, and this will now be our
primary focus”, says Bure's Chairman Patrik Tigerschiöld.

“The streamlining of the business and the current development of Bure would not
have been possible to achieve without significant support from the Board and the
designated work from the employees within the Group. We will now take the last
necessary steps in Bure's change from an investment company to an educational
company, and I am looking forward, during the coming period, to completing this
work with unaltered driving force”, says Bure's CEO  Mikael Nachemson.

Göteborg, 22 January 2008 

Bure Equity AB (publ)




For additional information contact: 

Patrik Tigerschiöld, Board Chairman, tel.+46 707-777 190
Mikael Nachemson, President & CEO,   tel. +46 31-708 64 20



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The information contained herein is subject to the disclosure requirements of
Bure Equity AB under the Swedish Securities Market Act/the Swedish Financial
Instruments Trading Act. This information has been publicly communicated on 22
January, 2008, at 08:30 CET.
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Bure Equity AB (publ), corp. ID No. 556454-8781
P O Box 5419, SE-402 29 Gothenburg
Phone +46 31 708 64 00, Fax +46 31 708 64 80
www.bure.se