Item 8

The Board of Directors’ of IBS AB proposal regarding authorization to issue new shares

The Board of Directors of IBS AB proposes unanimously that the shareholders’ meeting resolve to authorize the Board, with deviation from the shareholders’ preferential rights, to issue new class B shares as payment of commission for guarantees issued by the underwriters in the proposed rights issue. Payment for shares shall be possible through set-off. The authorization shall be valid until the next Annual General Meeting of the company.

The number of shares that shall be possible to issue through the authorization shall be a number of shares calculated as the total commission to be paid to the underwriters in the rights issue proposed to the Extraordinary General Meeting to be held May 20, 2008 (which is calculated as an amount equal to three percent of the amounts guaranteed by the underwriters plus interest thereon based on 3 months STIBOR), divided by the volume-weighted average price of the company’s class B share ten trading days immediately prior to the Board’s resolution to issue the shares. The subscription price for the shares shall be equivalent to the just mentioned average share price.

The purpose of the authorization and the reason for deviation from the shareholders’ preferential rights is that the company shall have the possibility to pay the commission for guarantees issued by the underwriters in own shares. The basis for the subscription price is that the subscription price shall correspond to the market value of the company’s class B shares.