Friday, December 21, 2007

Information concerning stock transfer in IFS

Anders Böös, chairman of the board of directors of IFS AB, today carried out an internal reorganization which entailed the transfer of 3,950,000 Series A shares in IFS from a company that is wholly owned by Anders Böös to another of his wholly owned companies. After the transaction, the stock held by Anders Böös, via associated companies, remains unchanged and represents 1.5% of the capital and 10.2% of the voting rights in IFS.

Anders Böös, chairman of the board of directors of IFS AB, today carried out an internal reorganization which entailed the transfer of 3,950,000 Series A shares in IFS from a company that is wholly owned by Anders Böös to another of his wholly owned companies. After the transaction, the stock held by Anders Böös, via associated companies, remains unchanged and represents 1.5% of the capital and 10.2% of the voting rights in IFS.

About IFS

IFS (OMX STO: IFS), the global enterprise applications company, provides ERP solutions which enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage. Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications™, now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages.IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; manufacturing; process industries; construction, contracting & service management; retail & wholesale distribution and utilities & telecom. IFS Applications provide extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities.

Contact Information

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer