Stock Exchange Release no. 10 - Directed rights issue at Columbus IT Partner A/S
30th June 2004

Columbus IT Partner A/S - Banemarksvej 50C, DK-2605 Brøndby
T: (+45) 7020 5000 - F: (+45) 7025 0701
CVR No.: 13228345


Stock Exchange Release no. 10/2004
Directed Rights Issue -
Columbus IT Partner A/S

Columbus IT Partner A/S is redeeming the debts of various subsidiaries by
issuing shares in Columbus IT Partner A/S. A subordinated loan from Gaardboe
Holding ApS and debt to the managing director of a subsidiary are also being
converted to shares in the Company.Finally, the Company is issuing shares to
acquire a 9.7% holding in the Swiss subsidiary from one of the local
shareholders. 

The persons at whom the rights issue is directed have given undertakings and so
1,070,401 shares in Columbus IT Partner A/S are being issued in all, equating
to a 2.9% increase in share capital. The increase in share capital is being
made under the Board's authorization without pre-emptive rights for the
Company's existing shareholders. Equity will benefit by approximately DKK 7.5m
and the Group's debt will reduce by DKK 6.8m. 

The transactions will not change the outlook for the present fiscal year
expressed in the most recent Stock Exchange release (Release no. 9 - Q1/ 2004
report dated 14th May 2004). Accordingly, the forecast for 2004 remains for
revenues of approx. DKK 625m, EBITDA at DKK 30m and modest but positive pre-tax
earnings. 

Niels Heering               Carsten Dilling
Chairman of the Board       Chief Executive Officer
Columbus IT Partner A/S     Columbus IT Partner A/S

For further details, please contact:
Carsten Dilling, CEO or Jan U.T. Bitterhoff, Business Development Executive, T:
(+45) 7020 5000.