The Extraordinary General Meeting in Aspiro approves the rights issue

The rights issue

The Extraordinary General Meeting in Aspiro that was held today approved the
Board’s resolution of 28 June 2012 on a rights issue of approximately SEK 103m
(before the costs of the rights issue) through the issuance of not more than
137,506,677 new shares, resulting in an increase of the share capital of not
more than SEK 92,038,719.1832.

The detailed terms of the rights issue are set out in the prospectus that is
expected to be announced on or around 15 August 2012.

Alteration of the articles of association and reduction of the share capital

The General Meeting also resolved to alter the articles of association in
accordance with the Board’s proposal, resulting in the range of the share
capital being changed to not less than SEK 135,000,000 and not more than SEK
540,000,000 and the range of the number of shares being changed to not fewer
than 200,000,000 shares and not more than 800,000,000 shares.

The General Meeting also resolved to reduce the share capital by SEK
68,201,942.06 to cover losses without the cancellation of shares in accordance
with the Board’s proposal. After the reduction the share capital amounts to SEK
138,058,073.94 and the ratio value of each share amounts to SEK 0.66934.

The company is required to announce the information in this press release under
the Swedish Securities Markets Act. The information was released for publication
on 13 August 2012 at 1.40 p.m.
For more information, please contact: Kristin Castillo Eldnes, Head of Corporate
communication and IR of Aspiro, +47 908 07 389, kristin.eldnes@aspiro.com or
Gunnar Sellæg, CEO of Aspiro, +47 901 81 528, gunnar.selleg@aspiro.com.
About Aspiro
Aspiro is a leading streaming company with its primary focus on the WiMP music
service and video services delivered to partners. WiMP is delivered direct to
consumers and through partners such as operators and TV distributors. With WiMP,
Aspiro is thinking globally but working locally, with editorial services and in
-house teams tailoring the service for each country. Aspiro has 14 years’
experience of digital services and is a growth company with high ambitions.
Aspiro is listed on Nasdaq OMX Nordic Exchange Stockholm. More info on
www.aspiro.com