Issues 2003

In July 2003, Bure implemented issues of shares and subordinated debentures with detachable warrants for a total of SEK 750M. Every old share gave the holder the right to subscribe to one “unit” consisting of two new shares and a subordinated debenture with nine detachable warrants. The total price per unit was SEK 6.94.

Bure’s three securities

1. Shares
Every old share gave the holder the right to buy two new shares for SEK 0.75 each.

2. Subordinated debentures
Every old share gave the holder the opportunity to lend SEK 4.36* at an interest rate of 10.0 per cent per annum. The loan was repaid in March 2005 at a rate of 80.7 per cent, i.e. SEK 5.45 per subordinated debenture.

3. Warrants
Every old share gave the holder the right to purchase nine warrants for SEK 0.12* each. Every warrant gave the holder the right to puchase one new share for SEK 0.75 during the period ending on 15 June 2007. The subscription was carried out in June 2007 and the issue is thus completed.

Those shareholders who chose not to participate in the issues had the same number of shares as earlier (disregarding the reverse split in July 2007).

*) Written down historical cost as established by the National Tax Board

Press release Distribution of acquisition expenditure

Prospectus 2003