Cybercom sells UK operation and focuses on growth in Asia

Cybercom sells UK operation and focuses on growth in Asia

Cybercom signed a contract with the UK's Digital Marketing Group plc regarding
sale of Cybercom Group UK Ltd, a Cybercom subsidiary. The purchase price was GBP
6 million, which yields approximately SEK 43 million in profit from the sale.

“Right now, the UK isn't one of our main markets,” says Patrik Boman, president
and CEO of the Cybercom Group. “And sale of this operation is aligned with
Cybercom's strategy. We want to continue to grow in Eastern Europe and Asia. In
addition, this is a good, profitable deal.” 

Cybercom established its UK operation in 2002. Today, it has 37 employees who
are engaged in many e-commerce projects. In 2007, Cybercom sales in the UK
reached GBP 4.8 million. The purchase price was GBP 6 million. Cybercom's profit
from the sale reached approximately SEK 43 million, and the deal affects profit
per share by at least SEK 1.70 this year.

“Our profitable, well-run UK subsidiary has an attractive skills base,” says
Peter Keller-Andreasen, VP and COO of the Cybercom Group. “And this deal
confirms that fact. The Digital Marketing Group gave us a very good impression,
and we think that our UK colleagues face a great future with this company.”

Final consolidation is on 30 September 2008, and sale of the Cybercom Group UK
Ltd operation will thus be disclosed in the Cybercom Group Europe financial
accounts. More detailed information will be presented in the upcoming Q3 report.
Advisors in this deal have been GP Bullhound Ltd and Allen & Overy LLP.


For further information, please contact:

Patrik Boman, president and CEO, Cybercom Group +46 73 983 89 79
Peter Keller-Andreasen, VP and COO, Cybercom Group +45 29 48 38 00
Per Jonsson, CFO, Cybercom Group +46 70 770 46 22
Kristina Cato, communications director, Cybercom Group +46 70 864 47 02


About Cybercom
The Cybercom Group is a high-tech consultancy that offers global sourcing for
end-to-end solutions. The Group established itself as a world-class supplier in
these segments: security, portals, mobile solutions, and embedded systems.
Thanks to its extensive industry and operations experience, Cybercom can offer
strategic and technological expertise to these markets: telecom, industry,
media, public sector, retail and banking and financial services; automotive;
national defence; and the public sector. The Group employs about 2000 persons
and runs projects worldwide. Cybercom has 26 offices in 10 countries. Since
1999, Cybercom's share has been quoted on the OMX Nordic Exchange. The company
was launched in 1995. Find out more at: www.cybercomgroup.com.