New CFO for EDB

7/12/2010, 7:32 AM (Source: GlobeNewswire)
(Oslo, 12 July 2010) EDB Business Partner ASA has appointed Jon A. Elde (41) as
its new Chief Financial Officer (CFO). Mr Elde will take up his appointment no
later than 1 November 2010. Elde is also proposed as CFO for the combined
company EDB ErgoGroup ASA.

Jon A. Elde is currently CFO of GTB Invest ASA. He has previously worked as the
CFO of Ringnes, part of the Carlsberg Group, and in corporate development in
Orkla and corporate finance KPMG. Elde holds a MBA from Manchester Business
School and a BSc from the University of Southern California.

"The appointment of Jon A. Elde gives both EDB and the combination EDB ErgoGroup
ASA an experienced CFO with a background in both industrial and financial
activities as well as experience from working for a large international group",
comments acting CEO John-Arne Haugerud.

Vidar Nysæther is appointed as acting CFO until Mr Elde takes up his
appointment.

Any questions may be addressed to:

John-Arne Haugerud, Acting CEO EDB. Tel: + 47 22 77 21 01
Jon A. Elde. Tel: + 47 93201690


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1430929]








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