PANDOX SELLS ITS HOTEL OPERATION IN MORA HOTELL & SPA

Pandox has sold its hotel operation in Mora Hotell & Spa. The divestment is a natural consequence of the property being acquired by the Norwegian hotel property company Norgani Hotels ASA in June 2005.
 
The buyer is the current Hotel Director Mikael Jonasson.
 
The operation will be taken over by the buyer on March 10, 2006.
 
 
 
 
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For further information, please contact:
 
Anders Nissen, CEO Pandox AB, phone +46 (0)8-506 205 50