The Scribona board of Directors is unanimously recommending that Scribona's shareholders approve the transaction with Tech Data The transaction will require amendments to the articles of association which, according to the Swedish Companies Act, requires support from shareholders holding not less than two-thirds of both the votes cast and the shares represented at the annual meeting. The decision to approve the transaction with Tech Data is subject to the decision to amend the articles of association, and will require a simple majority of the votes cast. The value per share indicated in the announcement of the transaction on 4 March 2008 was preliminarily estimated to be in the range of SEK 4.40 to 5.10 per share. Scribona's current best estimate is that the net proceeds to the shareholders will be slightly higher than the mid-point of this range. However, the Board feels it is important to emphasize that the estimates of net proceeds are based on assumptions which are rather uncertain at this stage and which could have a significant impact on the proceeds. The Board will have more information over the coming months once the deal with Tech Data is consummated, and will communicate that information to the market at an appropriate time. Major shareholders, which together represent more than 48 percent of Scribona's shares and 47 percent of the voting rights in Scribona, have expressed their support for the transaction and have committed to vote in favour of it at Scribona's Annual General Meeting. TIME TABLE - Shareholders' Meeting in Scribona AB (publ) on 29 April 2008, to approve the transaction. - Approval of the EU Competition Authority is expected to be obtained around 28 April 2008. - Closing of the transaction, subject to clearance from the EU Competition Authority, is expected to occur before end of May 2008. For more information see "Information to shareholders in Scribona AB regarding the Asset Purchase Agreement entered into with Tech Data" available on www.scribona.com section Financial info > General Meeting. If any questions please contact: Fredrik Berglund, President and CEO of Scribona, +46 (0)737-19 37 39 David E. Marcus, Chairman of the Board of Scribona, +1 908 378 2888 Visit also: www.scribona.com Scribona, quoted on the Small Cap list of the OMX Nordic Exchange, is a leading provider of IT products in the Nordic market. The product range includes Personal Computers & Peripherals, Servers, Storage & Infrastructure, Enterprise& Client Software and Entertainment & Personal Communication. The products are distributed by IT resellers and retailers in Sweden, Finland and Norway.
The Scribona board of Directors is unanimously recommending that Scribona's shareholders approve the transaction with Tech Data
| Source: Catella AB