Stock Exchange Release no. 19 - Statement re EGM
22nd December 2004

Columbus IT Partner A/S - Banemarksvej 50C - DK-2605 Brøndby
Tel.: +45 70 20 50 00 - Telefax: +45 70 25 07 01

CVR-no.: 13 22 83 45

Stock Exchange Release no.19/2004

New Board for Columbus IT Partner and closure of lossmaking German subsidiary

At the Extraordinary General Meeting today at Columbus IT Partner, Ib Kunøe is
expected to be elected to the Board and appointed Chairman. Ib Kunøe is the
majority shareholder and Chairman of Consolidated Holdings A/S, the Company's
new majority shareholder. Michael Gaardboe is expected to be appointed Deputy
Chairman of the Board. Claus Hougesen, CEO TopNordic A/S, is expected to be
elected to the Board and Attorney Niels Heering is expected to continue until
the Ordinary General Meeting in 2005. 

Ib Kunøe, Consolidated Holdings, will state: ”I am very proud of the make up of
the Board that will ensure continuing close collaboration with management on a
sharper focus on building up and developing Columbus IT Partner's business.” 

Niels Heering will also state that: ”Management has decided to close subsidiary
Columbus IT Partner Deutschland, since it has been reporting unsatisfactory
results for some years. The company is also involved in various legal
proceedings which despite countless attempts at mediation, have had and
continue to have a considerable negative impact on the company's operations.
Despite the considerable range of activities to improve operations, management
has now decided that the risks attaching to the subsidiary cannot justify
continuing restructuring and injection of capital. The Group will continue to
service customers in the German market via other 
subsidiaries.”

Group equity is expected to be adversely affected by the closure of the
subsidiary by about DKK 3m.Current year earnings (EBITDA) will only be
marginally affected by this decision, with provisional revenue forecasts for
2005 being cut to DKK 615 - 625m. In contrast, the forecast for EBITDA for 2005
is being maintained at DKK 35-40m, with pre-tax earnings of the order of DKK 20
- 30m. 

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