Conversion of Telelogic's First Option Program

1/7/2002 - Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced software and systems development, today announced that its first option program (TO1) has expired as of December 31, 2001. Approximately 70% of the options have been converted, resulting in a capital injection of 2,6 MUSD (27 MSEK). The number of shares in Telelogic will thereby increase by approximately 4.3 million shares. Options not converted will be cancelled.

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