Genovis carries out a directed share issue

Background and motive
Today the Board of Directors decided upon a directed share issue to strengthen the liquidity and ensure already started development projects.

Decision upon a directed share issue
According to the resolution of the Annual General Meeting on the 2nd of June 2009, the Board of Directors has decided to issue a maximum of 1 800 000 shares to Skaninavisk Fondkommission AB without preemptive rights for the current shareholders. Following this decision the share capital is increased to a maximum of SEK 720 000. The subscription will be at the issue price of SEK 1. The share issue results in a dilution of maximum 7,9 % .

Conditions
1 Skandinavisk Fondkommission AB shall have the right to subscribe for the new shares.

2 A cash price of SEK 1 shall be paid for each share subscribed.

3 Shares shall be subscribed for by subscription list at the latest November 24, 2009.

4 Shares shall be paid for at the latest December 4, 2009.

5 The new shares shall be entitled to dividends starting with the 2009 financial year.

6 The CEO is authorized to make minor adjustments to the share issue decision as required for registration of the matter with the Swedish Company Registration Office and Euroclear Sweden AB (VPC AB)