The Board of Directors of Tricorona recommends shareholders not to accept the offer from Opcon

The Board of Directors of Tricorona recommends shareholders not to accept the   
offer from Opcon                                                                


The Board of Directors of Tricorona                                             
recommends that the shareholders do not accept the offer from Opcon             
believes strongly that Tricorona as an independent company can continue to      
generate value for all shareholders through its well-established business model 
and strong financial foundation                                                 
has not identified any synergies between the companies that cannot be realised  
within the framework of the existing or an increased partnership with Opcon     
does not believe that the offer reflects the underlying value of Tricorona      

- Since the reason for Opcon's offer appears to be to use Tricorona's liquid    
assets and future cash flows to build up Opcon's Powerbox technology, this can  
essentially be regarded as a share issue by Opcon directed to Tricorona's       
shareholders. It appears more rational from a financial perspective to allow the
current and future shareholders in Opcon to finance this activity themselves,   
rather than drain Tricorona's successful business model for this purpose," says 
Pär Ceder, Chairman of the Board of Tricorona.                                  

For further information, contact: 
Pär Ceder, Chairman of the Board                                                
Telephone: +46 70 324 4080