Hi3G recruits two key staff members

Hi3G continues to strengthen its organization by recruiting experienced people. In August, Johan Stuart joins as Chief Financial Officer and Thomas Holmberg takes on the position as Director Organizational Development. They will both play a crucial role in making Hi3G Sweden's leading mobile multimedia operator.

Johan Stuart takes on the task as Chief Financial Officer, CFO, starting August 20. Johan has a background as CFO at companies in the telecom, logistics and consumer goods sectors. Previously, Johan worked as CFO at the broadband carrier company Utfors. Prior to Utfors, he held the CFO position at Radio Design and earlier ASG. During 12 years, Johan held several leading positions at companies within the Axel Johnson Group, including CFO at Servera and Åhlens and Group Treasurer at Axel Johnson AB. Johan holds a Master of Science from Stockholm School of Economics.

Thomas Holmberg enters as Director Organizational Development on August 6. Thomas has extensive experienced from human relations and organizational development within the telecom sector in several countries. Thomas has for the last 11 years worked for Ericsson in leading positions, most recently as Human Resources Manager at Division Global Services. Thomas has also worked for Ericsson in Russia and Malaysia and at the Group Center in Stockholm. Thomas has a Bachelor of Science in Human Resources and Labor Relations from the University of Linköping.

For more information please contact:

Niclas Lilja, Director Communications, Hi3G

Telephone: +46 708-45 70 90, e-mail: niclas.lilja@hi3gaccess.se

Johan Stuart, appointed Chief Financial Officer, Hi3G

Telephone: +46 708-482527

Thomas Holmberg, appointed Director Organizational Development, Hi3G

Telephone: +46 708-45 7074

Hi3G is the holder of a Swedish UMTS licence and is aiming to become Sweden's leading mobile multimedia operator with attractive and innovative services and a high quality network. The company's strength lies in the fact that it is a pure 3G company, with no baggage from old technologies such as GSM. Hi3G is expanding rapidly with the support of its owners, Hutchison Whampoa Ltd. (60%) and Investor AB (40%), who have solid network and industry track record worldwide. Hi3G is cooperating with other Hutchison Whampoa companies that hold 3G licences in Australia, Austria, Italy, and the United Kingdom. Hi3G will provide services with a full population coverage in Sweden by the end of 2003. Please stay in touch and visit www.hi3gaccess.se.