Symbian pre-emption process to commence

LONDON, United Kingdom, 11th June 2004
Keywords:

After the acceptance by Finnish, Austrian and German authorities, Symbian has now received formal notification from Shareholders to progress the Psion's share sale and has therefore initiated the pre-emption process as set out in the company's Shareholders' Agreement. This process enables Shareholders to subscribe for a proportion of the shares being sold.

The current situation is as follow:

% equity currently owned
Nokia 32.2
Psion 31.1
Ericsson 17.5
Panasonic 7.9
Samsung 5.0
Siemens 4.8
Sony Ericsson 1.5

The original Symbian press release: http://www.symbian.com/press-office...