Stock Exchange Release no. 17 - Consolidated Holdings 9th December 2004

Columbus IT Partner A/S - Banemarksvej 50C - DK-2605 Brøndby
T: (+45) 7020 5000 - F: (+45) 7025 0701
CVR: 13 22 83 45


Stock Exchange Release no. 17/2004

Consolidated Holdings becomes the largest shareholder in Columbus IT Partner
and guarantees a rights issue from which the Company will receive DKK 76m. 

• Consolidated Holdings will become the largest shareholder with a 33.14%
holding. A voting rights agreement will give them 76% of the voting rights.
• The Company's liquidity will be immediately strengthened by DKK 34m via a
subordinated loan.
• The Company will receive DKK 76m in the spring of 2005 in a 3:2 rights issue
(two new shares for three existing shares) at DKK 3 per share.
• The rights issue will be fully underwritten by Consolidated Holdings.
• The Company is forecasting revenues of the order of DKK 630m in 2005 with
EBITDA in the DKK 35 - 40m range. 

Niels Heering

Chairman of the Board

Columbus IT Partner A/S
Contact for further details:
Niels Heering, Chairman Columbus IT Partner, T: (+45) 3341 4109.
Ib Kunøe, Chairman Consolidated Holdings, T: (+45) 4586 8077.