Comments by the Board of Directors to Deccan Value Advisors' public bid for IBSPress Release 2008-07-01 Deccan Value Advisors Fund L.P., Deccan Value Advisors Fund Ltd., A/D Value Fund L.P. and Y/D Value Fund L.P. (”Deccan”) has presented a public bid for all shares in IBS AB. The Board of Directors of IBS will now make an assessment of the offer and revert with a statement regarding the offer well in time before the acceptance period terminates. An independent financial advisor will be appointed to assist with an external valuation of the offer. Two of IBS board members, Vinit Bodas and George Ho are employed by Deccan Value Advisors L.P. which is the general partner and financial advisor to Deccan. Due to Vinit Bodas and George Ho being related to the bidder, they will not participate in the IBS boards’ assessment of the offer.
IBS AB
Board of Directors For more information please contact: Oskar Ahlberg, Investor Relations Director IBS AB
Phone: +46 70 244 24 75
oskar.ahlberg@ibs.net
IBS (OMX Nordic Exchange STO: IBS) is a leading provider of specialized business systems for specific industries such as publishing and book distribution, pharmaceutical distribution, electrical and electronic parts and equipment, paper, food and the automotive industry. IBS focuses on large and mid-sized companies within supply chain management, demand-driven manufacturing, customer administration and financial control. For further information, visit www.ibs.net
| 
