PRESS RELEASE Stockholm/Amsterdam, 1 February 2007 It is with deep regret that we announce that Mr. Sven Skarendahl, member of the Board of Directors of LBi, passed away on 25 January 2008, after a period of ill-health. Mr. Sven Skarendahl played a crucial role in the business development of the former Framfab and subsequently in the merger with LB Icon that resulted in LBI International. He was active on the Board until the end. Mr. Skarendahl was Chairman of the Board of Netsolutions since 1996. Netsolutions merged with Framtidsfabriken in 1999 under the company name Framtidsfabriken, which was listed on the Swedish Exchange in 1999. Mr. Skarendahl was a member of the Board for one of the most eventful periods in the digital industry. Mr. Skarendahl became Chairman from 2001 and Framtidsfabriken was renamed Framfab in 2002. It was also from 2001 and onwards that Framfab experienced many changes, restructurings and divestments. This period of restructuring also saw a number of rights issues. Mr. Skarendahl was very active during this period both in operations as well as in investor relations. With his experience, his business knowledge and deep commitment, Mr. Skarendahl's work was of critical importance for the successful turnaround of Framfab into a profitable company from 2004. Framfab merged with LB Icon in 2006, a company very similar to Framfab with respect to history and business, where profit was attained after a few years of rapid turnover and organizational shake-ups in the early 2000s. Mr. Skarendahl was one of the main drivers behind the merger with LB Icon, registered in August 2006. After the merger the Company was named LBI International and Mr. Skarendahl was Chairman of the Board until May 2007 and thereafter a member of the Board. The LBi group operations are located in 12 countries and employ 1500 people. LBi is Europe's largest digital agency and the no 3 global player. Mr. Sven Skarendahl will always be remembered as a highly professional businessman with a deep commitment to LBi. He was a very likeable and respected colleague and will be sadly missed by all who knew and worked with him. Mr. Fred Mulder Chairman of the LBI International board,"It is with deep regret and respect that I wish to say that LBI International has lost an intelligent, cultured and trusted Board member. He put his best energies into our company while always bearing in mind the interest of all stakeholders. This he clearly showed in the period when we merged our two outstanding companies Framfab and LB Icon. Personally I feel the loss of a business friend and I will miss him as my sounding board and sparring partner. I will never forget the time we spent together in the last four/five years philosophizing how building a true global international marketing services company. Again, I'm sure all my colleagues agree that we have lost a man of high integrity and a person with whom it was also fun to work." For further information please contact: Fred Mulder, Chairman of the Board, LBI International AB +31 20 460 45 00, fred.mulder@lbi.com Jan Norman, CFO, LBI International AB +46 709 412 206, jan.norman@lbi.com Eva Ottosson, Group Communications Manager, LBI International AB +46 709 41 21 40, eva.ottosson@lbi.com About LBi: LBi is the leading international full service digital agency, servicing clients with marketing and technology solutions. The Company employs approx. 1,500 professionals located primarily in the major European and American business centers, such as Amsterdam, Atlanta, Berlin, Brussels, Copenhagen, London, Madrid, Milan, Mumbai, Munich, New York, Paris and Stockholm. Through interdisciplinary teams, LBi creates innovative multi-channel solutions for its national and international corporate clients by uniquely combining strategy development and creative design with specific industry expertise and latest digital technology. LBi is listed on Euronext in Amsterdam as well as on the OMX Nordic Midcap segment in Stockholm (symbol: LBI).
In memory of Sven Skarendahl
| Source: LBI International AB