Derivatives: Anticipated adjustment in Biophausia due to rights issue (04/09)


The following information is based on a press release from Biophausia AB (Biophausia) and may be subject to change.

The board of Biophausia has proposed that the Annual General Meeting (AGM) on May 12, 2009, approves a rights issue (1:8), whereby shareholders are entitled to one (1) unit for every eight (8) shares held. The unit consists of one (1) call option with a strike price of 1.50 SEK and a term of 3 years and one (1) subordinated debenture with a nominal value 1.50 SEK, term of 3 years and a yearly interest of 7 percent. The subscription price per unit is 1.50 SEK. Please see press release from Biophausia dated April 8, 2009 for detailed information regarding the offer. The record date is May 15, 2009. Provided that the AGM approves the proposed rights issue NASDAQ OMX Derivatives Markets will carry out a re-calculation of options and futures in Biophausia.

For further information, please see the attached file.

Attachments

wkr0003.pdf