Net Insight

Share Issue/Capital Change • Jan 30, 2009

Net Insight: Conversion of shares

30 January 2008

Stockholm, Sweden – Conversion of shares

According to Net Insight's Articles of Association (§5 second paragraph), shares of class A may upon request of the owner of such shares be converted into shares of class B.

Conversion reduces the total number of votes in the company and the Company is obligated by law to disclose such changes. As previously announced, shareholders have called for a conversion of shares of 600 000 class A shares to 600 000 class B shares. The Company reported this conversion and in January, the Swedish Companies Registration Office registered the conversion in the central securities depository register.

After the registration, the total number of shares in the Company is 379 890 569, of which 1 300 000 are class A shares and 378 590 569 are class B shares. One class A-share entitles the holder to 10 votes and one class B share to one vote.

For more information, please contact:

Lars Kevsjö, CFO of Net Insight AB, +46 8 685 00 00, lars.kevsjo@netinsight.net

About Net Insight

Net Insight delivers the world´s most efficient and scaleable optical transport solution for Broadcast and Media, Digital Terrestrial TV, Mobile TV and IPTV/CATV networks.

Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra™ platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.

World class customers run mission critical video services over Net Insight products for more than 100 million people in more than 30 countries. Net Insight is quoted on the Stockholm Stock Exchange. For more information, visit www.netinsight.net

Box 42093 Phone: +46 8 6850400 Org.No: 556533-4397