Results of capital increase at Columbus IT Partner A/S

April 20, 2005 at 12:00 AM CEST
Stock Exchange Release no. 16 - Results of capital increase at Columbus IT
Partner A/S 
20 April 2005

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. 16/2005

Results of capital increase at Columbus IT Partner A/S

In the period 5 April - 18 April 2005, Columbus IT Partner A/S made an offering
of 26,858,601 new shares at a face value of DKK 1.25 at the price of DKK 3 per
share. The offering is 100% underwritten by Consolidated Holdings A/S, which
thus ensures the Company a capital increase of DKK 80.6m before rights issue
expenses and redemption of debt. 

The entire subscription totals 26,858,601 shares, taking Columbus IT Partner
A/S' share capital to DKK 83,933,128.75 after registration of the new shares,
allocated as 67,146,503 shares of DKK 1.25. A smaller part of the offered
shares was not subscribed for (0.6% / 163,161 shares), and they have thus been
subscribed for by the underwriter, Consolidated Holdings. 

The result of the underwritten rights issue means that Columbus IT Partner's
share capital will be DKK 83.9m, allocated as 67,146,503 shares of DKK 1.25
after the rights issue, and equity at yearend 2004 will pro forma be approx.
DKK 109.3m. As mentioned in the Prospectus, the employees'share option schemes
will not be adjusted for the capital increase. 

The new shares will be listed by Copenhagen Stock Exchange on 26 April 2005
under securities identification codes DK001031155-4. When the capital increase
has been registered with the Danish Commerce and Companies Agency, the
securities codes will be amalgamated. 

This stock exchange release is not, nor part of, an offer or invitation to
purchase or subscribe for securities. 

This stock exchange release must not be sent by post or by any other means be
forwarded in, to or from the United States or Canada, and persons receiving
this stock exchange release (including account-holding institutions, deputies
or trustees) are not allowed to send it by post or by any other means forward,
distribute or send it in, to or from the United States or Canada. 

This stock exchange release is not an offer or an invitation to purchase or
subscribe for securities traded in the United States. Securities related to the
capital increase must not be offered or sold in the United States without
registration or exemption from registration. The securities related to the
capital increase are not and 
will not be registered in accordance with the United States Securities Act of
1933 or in accordance with the Securities Act in any state in the United
States. Columbus IT Partner does not intend to issue a public offering of
securities in the United States. 

Ib Kunøe                Vladislav Martynov
Chairman of the Board   Chief Executive Officer
Columbus IT Partner A/S Columbus IT Partner A/S

Contact for further details:
Torben Bartels, CFO or Jan U.T. Bitterhoff, Business Development Executive on
T: (+45) 70 20 50 00.