Atea is acquired by Ementor/Topnordic

Ementor ASA acquires Atea Holding AB, creating the absolute leading provider of IT infrastructure solutions and products in the Nordic region with NOK 13 billion in pro forma revenue. After the acquisition, the new company will be the third largest European provider of IT infrastructure and
the market leader in Sweden, Denmark, Norway and Finland.

Ementor ASA (Ementor) has entered into an acquisition agreement, whereby Ementor will acquire all the shares in Atea Holding AB (Atea) for a purchasing price of NOK 891 million (SEK 1.050 billion) on a cash and debt free basis. Atea is owned by 3i (48.7 %), WM-data (48.7 %) and Atea´s management (2.6 %). The agreement is subject to approval by the competition authorities in Denmark, Sweden and Norway.
Ementor/Topnordic and Atea are almost equal in size, measured in turnover, and the companies have complementary businesses in terms of geographical coverage as well as operational strengths and market positions in the Nordic region. The acquisition of Atea will add significant revenue to the Ementor Group in all Nordic countries resulting in a total Group pro forma revenue of NOK 2.3 billion in Norway, NOK 4.5 billion in Denmark, NOK 4.5 billion in Sweden and NOK 1.7 billion in Finland in 2005.
Atea is a leading provider of IT infrastructure in the Nordic market with a pro forma turnover of more than SEK 7.9 billlion and an EBITDA of SEK 159 million in 2005. The Company has approximately
1,300 employees with headquarters in Kista, Sweden and operates from 22 offices in Sweden, 13 in Finland,
2 in Denmark and 1 in Norway.

Third largest in Europe
The acquisition will create the leading provider of IT infrastructure solutions and products in the Nordic region with NOK 13 billion in pro forma revenue and the third largest European provider of IT infrastructure measured in revenue. The new Group will be the market leader in all four Nordic countries, and the acquisition is an important step in securing and creating a strong strategic platform for future profitable growth in the Nordic region.
Providing that Ementor’s Extraordinary General Meeting approves financing through an issue of shares and subject to the approval of the competition authorities, the business deal will be completed in August 2006.

Sebastian Lindström, CEO Atea Group:
” I am pleased to inform you that our current owners WM-data and 3I have chosen to sell Atea to Ementor ASA. It makes great sense from an industrial point of view and the combined companies will have a strong strategic platform for further growth.

Ementor ASA has a strong offer within the solutions area that will well complement ours. This will allow us to offer our customers a broader range of solutions.

Ementor ASA also has, due to the recent acquisition of Top Nordic, a strong offer and leading position within IT product sourcing in both Norway and Denmark and we will continue to develop this area. We complement one another well, also in this area.”

Press conferences will be held today, Monday June 19, 2006, in Oslo, Norway at 09.30 a.m. at Felix Conference Centre and via webcast at www.ementor.com/webcast; in Copenhagen, Denmark at 11.00 a.m. at Ementor/Topnordic, Lautrupvang 6, Ballerup; and in Stockholm, Sweden at 03.00 p.m. at Arlanda SkyCity.

For further information, please contact:
Sebastian Lindström, CEO Atea +46 8 470 8192, +46 70 308 9451

About Atea
Atea is a leading provider of independent IT-infrastructure in the Nordic region. Atea supports companies and organisations in increasing the use of IT by delivering products and service in all aspects of the customer’s investment within IT-infrastructure. Our service includes IT-product sourcing, infrastructure solutions and managed services. Atea consists of 1,300 co-workers in the whole Nordic region and has a turnover of more than MSEK 7,900. Ownership structure consists of international Private Equity Company 3i and WM-data holding a 48.7 % share each and management and key employees from Atea holding a share of 2.6 %.

About the Ementor Group
The Ementor Group is a leading provider of IT infrastructure solutions and products in the Nordic region. The Group has approximately 2,000 employees and is located in 18 cities across Norway, Denmark, Sweden and Finland. The Ementor Group uses both the Topnordic and Ementor brands in its business. Ementor ASA is listed on the Oslo Stock Exchange with approximately 13,800 shareholders and Consolidated Holdings A/S as the largest shareholder with approximately 32 %. www.ementor.com

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