Transmode AB has resolved to implement a repurchase programme of own shares

The Board of Directors in Transmode AB (publ) has today resolved to implement a
share repurchase programme. The purpose of the repurchase programme is to ensure
delivery of shares to participants in Transmode's share savings program for its
employees.

Transmode's Annual General Meeting held on 15 April 2013 authorized the Board of
Directors to repurchase own shares, which authorization the Board of Directors
now utilizes. The programme is implemented in accordance with the Commission
Regulation (EC) No 2273/2003 of 22 December 2003 (the "EC-Regulation") and it
shall be lead-managed by an investment firm or a credit institution which makes
its trading decisions in relation to Transmode's shares independently of, and
without influence by, Transmode.

The repurchase of own shares in the repurchase programme shall meet the
following conditions:
1. The repurchase of shares shall take place on NASDAQ OMX Stockholm in
accordance with the rules regarding purchase of own shares as set out in the EC-
Regulation and in accordance with the NADAQ OMX Stockholm's Rule Book for
Issuers
2. Repurchase of shares may take place on one or more occasions from today until
the next Annual General Meeting in the company. Repurchase of shares may not
take place 30 days prior and the day of publishing of the company's finical
reports (so called "black-out periods")
3. Repurchase of shares at NASDAQ OMX Stockholm may occur at a price within the
share price interval registered at that time, where the share price interval
means the difference between the highest buying price and the lowest selling
price
4. A total maximum of 125,220 shares may be repurchased.
5. The total consideration for repurchases in the repurchase programme may not
exceed SEK 11.9 m.
6. Payment for the shares shall be made in cash.

The total number of shares in Transmode AB amounts 27,788,676. Transmode does
currently not own any of its own shares.

For more information please contact:

Ola Elmeland
Vice President Marketing & Communications
Transmode Systems AB
Telephone: +46 8 506 882 71
Email: ola.elmeland@transmode.com

The information in this announcement is required to be disclosed by Transmode
Holding AB under the Swedish Securities Markets Act (Sw. lagen om
värdepappersmarknaden). This information was released for publication at 13:00
AM CEST on 21 May 2013.

About Transmode
Transmode is a global provider of packet-optical networking solutions that
enable fixed line and mobile network operators to cost effectively address the
capacity needs created by the rapid growth in video and data traffic. These
solutions are important building blocks in next-generation high-speed optical
networks that support services such as broadband backhaul, mobile data backhaul,
video delivery services and cloud computing. Transmode's solutions are designed
to increase the capacity, flexibility and functionality of metro and regional
networks and are based on Wavelength Division Multiplexing (WDM) and transport
technologies such as Ethernet. Transmode's Native Packet Optical 2.0
architecture gives customers key advantages such as cost efficient Ethernet
services, ultra-low latency, low power consumption and future proof network
design.

Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX
Stockholm Exchange (TRMO). Since 2000 the company has installed more than
40,000 systems for over 500 fixed and mobile network operators, service
providers, large enterprises and public institutions in over 45 countries across
the globe.

For additional information about Transmode, please visit www.transmode.com.


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