NOTICE of Extraordinary General Meeting of NOTE AB (publ)

The shareholders of NOTE AB (publ) are hereby invited to attend the Extraordinary General Meeting on Monday 15 March 2004 at 6 p.m. in NOTE AB's conference room, Stockholmsvägen 59, Norrtälje.

Notification
Shareholders wishing to participate in the General Meeting must be entered in their own name in the share register maintained by VPC AB on Friday, 5 March 2004, and must notify their intention to participate in the General Meeting no later than Tuesday, 9 March 2004, at 12.00 noon, at the following address: NOTE AB, Box 910, 761 29 NORRTÄLJE, or by telephone +46 (0)176-794 45 (Mette Franek), fax +46 (0)176-178 79, (attn. Mette Franek) or
e-mail: info@note.se.

The notification should state the name, personal or company registration number, number of shares, address and telephone number. Authorisation documents, such as powers of attorney and registration certificates, should, where applicable, be submitted before the general meeting.

Shareholders whose shares are registered in the name of a nominee should, in good time before Friday 5 March 2004, temporarily register their shares in their own name through their nominee in order to be entitled to participate in the Meeting.

Shareholders wishing to be accompanied by one or two assistants must give notice of their intention within the time and in the manner laid down for shareholders.

Proposal for the agenda
1. opening of the meeting
2. Election of the Chairman of the General Meeting
3. drawing up and approval of the voting list
4. Approval of the agenda
4. Election of one or two persons to verify the minutes together with the President
Examination of whether the meeting has been duly convened.
7. Decision on new articles of association
8. Election of new members of the Board of Directors
9. Closure of the meeting

Resolution on new articles of association - (item 7 above)
The Board of Directors proposes that the General Meeting of Shareholders adopt new Articles of Association which, inter alia

§2 is amended so that the company's business consists of directly, or through the holding of shares or participations in other companies, conducting the purchase, manufacture and sale of electronic components and other activities compatible therewith.

§5 is amended so that the nominal value of the share is reduced from SEK 10 to 50 öre.

§7 is amended so that the company shall have one or two auditors, with or without deputy auditors, who are appointed at the Annual General Meeting for the period until the end of the Annual General Meeting held in the fourth financial year after the election of the auditors.

§Article 8 is amended so that general meetings can be held in Norrtälje or Stockholm.

The resolution of the General Meeting on item 7 shall be valid only if supported by shareholders representing at least two-thirds of both the votes cast and the shares represented at the meeting.

Proposal for a decision
Shareholders representing approximately 70% of the shares and votes in the company have informed the company that they intend to propose the following resolution:
Item 8: Election of two new members Börje Andersson and Katarina Mellström.
(It is noted that Kjell-Åke Andersson and Mats Hultin have informed the company that they will resign from the Board at the Extraordinary General Meeting.)

Other
The Board of Directors' complete proposal for resolution regarding item 7 above will be available at the company, address Stockholmsvägen 59, Norrtälje, at least one week prior to the Annual General Meeting. The documents will be sent to shareholders who so request and state their postal address.

Norrtälje in February 2004

NOTE AB (publ)
The Board of Directors