Bure calls Extraordinary General Meeting and proposes distribution of the shares AcadeMedia AB (publ)


Bure calls Extraordinary General Meeting and proposes distribution of the shares
AcadeMedia AB (publ) 

Bure's Board of Directors has today called an Extraordinary General Meeting to
resolve on a proposal to distribute Bure's entire shareholding AcadeMedia. The
Board has also decided to postpone the decision on the previously communicated
capital distribution of Bure's remaining available cash until after the
distribution of AcadeMedia shares.

In view of the previously announced merger between Bure's portfolio companies
AcadeMedia and Anew Learning, Bure has today, in a separate press release,
called an Extraordinary General Meeting (“EGM”) to be held on 6 November 2008.
The EGM is proposed to resolve on a distribution of the newly issued shares in
AcadeMedia together with the existing AcadeMedia shares to Bure's shareholders
through a so-called “Lex Asea” procedure. For every 10 shares in Bure, the
shareholders in Bure are proposed to receive 1 share in AcadeMedia. The shares
in AcadeMedia are expected to be available on the shareholders' securities
accounts as of 18 November 2008. Implementation of the distribution is
conditional on a decision in favour of a non-cash issue by the EGM of AcadeMedia
on 20 October 2008 and a distribution decision by Bure's EGM on 6 November 2008.

In connection with the semi-annual report, the Board announced that the Parent
Company had total available cash of SEK 2,199 million, and that this would be
distributed in various forms during the remainder of 2008. At the end of August,
after publication of the semi-annual report, Bure repurchased treasury shares
for a value of SEK 349 million. The proposed distribution of the entire
shareholding in AcadeMedia will utilise approximately SEK 700-800 million of the
non-restricted equity, depending on the closing bid price of the AcadeMedia
share on completion of the transaction. Following the AcadeMedia distribution,
non-restricted equity of approximately SEK 1,100 million will remain in the
Parent Company. In the semi-annual report it was announced that the Board
intended to propose a capital distribution of the available cash at the same EGM
as the distribution of AcadeMedia shares. However, the Board has now decided to
postpone the remaining distribution decision until after the distribution of
shares in AcadeMedia. The Board's motive for the decision is a desire to
complete one capital distribution at a time.

Göteborg, 8 October 2008 

Bure Equity AB (publ)



For more information, please contact: 

Martin Henricson, President & CEO, phone +46 709-950 873
Jonas Alfredson, CFO, phone +46 733-904 912


__________________________________________________________________

The information contained herein is subject to the disclosure requirements of
Bure Equity AB under the Swedish Securities Market Act. This information has
been publicly communicated on October 8, 2008, at 08:35 CET.
__________________________________________________________________

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

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