BioGaia

Share Issue/Capital Change • Sep 2, 2010

Press release 2 September 2010

Redemption of warrants

Redemption of warrants on 31st August 2010 has led to an increase in BioGaia´s share capital with SEK 60,400, which on 2 September amounts to SEK 17,270,962. The number of shares has increased with 60,400 class Bshares through which the number of class B-shares now amounts to 16,530,294 with no change in the number of class A-shares, i.e. 740,668. The total number of shares is thereby equivalent to 23,936,974 votes.

The redemption price for the share was SEK 76.70, and therefore the equity has increased with SEK 4,632,680.

In June 2007, the warrant programme approved by the AGM the same year, was implemented. The personnel subscribed a total of 128,950 warrants. Each warrant granted the holder the right to subscribe for one class B share for SEK 76.70 during the period from 15 May 2010 to 31 August 2010. In total 63,400 warrants were exercised during the period. With the completion of this warrant programme, BioGaia now has no ongoing warrant programmes.

For additional information contact: Peter Rothschild, President BioGaia Tel: 08-555 293 00 Margareta Hagman Executive Vice President BioGaia, Tel: 08-555 293 00

Latest press releases from BioGaia:

2010-08-17 Interim report 1 January – 30 June 2010

2010-07-22 New study published: Lactobacillus reuteri Protectis effective in infants with chronic constipation 2010-06-10 New study published: Lactobacillus reuteri Protectis reduced crying time in infants with colic

BioGaia is a biotechnology company that develops, markets and sells probiotic products with documented health benefits. The products are primarily based on the lactic acid bacterium Lactobacillus reuteri (Reuteri), which has probiotic, health-enhancing effects. The class B share of the Parent Company BioGaia AB is quoted on the Small Cap list of the NASDAQ OMX Nordic Exchange Stockholm. www.biogaia.com