Viking Internet PLC
12 January 2001
VIKING INTERNET PLC
News Release
For immediate release
On 28 December 2000 Viking Internet PLC (Viking) announced that it had entered
into an agreement with Drax Holding AB (Drax) under which Viking was to sell
to Drax materially the whole of its assets for a consideration of £2,500,000
to be settled by the allotment to Viking of 70,532,000 Drax ordinary shares.
This agreement has not yet been completed, and the chairman of Viking, Erik
Wachtmeister, is to meet Drax to obtain clarification of the position.
A further announcement will be made as soon as possible.
Dated: 12 January 2001
Contacts: Erik Wachtmeister (Chairman) 0046 708 26 06 00
Nathan Steinberg (Finance Director) 020 7436 6667