The board and management of Terranet subscribe in the ongoing rights issue

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Members of Terranet AB's board and management intend to subscribe in the ongoing rights issue. Göran Janson intends to subscribe for all his held rights, whilst Torgny Hellström and Magnus Andersson will subscribe with rights transferred to them by Anders Blom. Further, Anders will subscribe privately for his remaining rights, in addition to the subscription commitment of SEK 13.0 million that Anders has made through Maida Vale Capital AB.

Terranet has received commitments from the following persons who intend to subscribe in the Company's ongoing rights issue, privately or through a company:

Shareholder	Role in the Company	Current shares	SEK
Magnus Andersson	CEO	0	249,999.30
Anders Blom	Board Member	2,245,405	199,999.80
Torgny Hellström	Chairman of the Board	0	99,999.90
Göran Janson	Board Member	427,500	96,187.50
Total		2,672,905	646,186.50

Through these subscription commitments, the board and management show their confidence and solid faith in Terranet's future prospects.

"It feels exciting for me to be able to buy into Terranet at this stage, having now worked here for a period and having been able to observe the steps we are taking together towards our goals. I also think that it feels great and ensuring with good support from other members of the board, it shows that we share the vision we have for Terranet going forward."
Comments Magnus Andersson, CEO.

The rights issue in brief
Conditions: One (1) existing share entitles to one (1) unit right, where four (4) unit rights entitle to subscription of one (1) unit