Friday, May 02, 2008

Change in number of shares in IFS

In accordance with the transparency legislation that came into force on July 1, 2007, the information below shows the number of shares and the number of votes in Industrial and Financials Systems, IFS AB (publ.). During April, the number of shares and the number of votes in IFS changed as a result of a new share issue and a reverse share split.

                                                   Change resulting        Amount after share issue     Amount after reverse split
                                                   from share issue         and before reverse split     
                           March 31, 2008                                                                            April 30, 2008
Series A shares     13,916,638                       2                  13 916 640                        1 391 664
Series B shares     249,556,984          6 055606                255,612,590                      25,561,259

Total                     263,473,622         6,055,608               269,529,230                       26,952,923
        
No. of votes            38,872 336            605,563                 39,477,899                         3,947,790

About IFS and IFS Applications

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

Smith

Phone: 47 404 85 956

Contact Smith