Option’s updated shareholders’ structure reflects institutional holdings

Leuven, 13 September 2004. Option NV (Euronext: OPTI), the wireless technology company, announced in a transparency communication to the market regulators its updated shareholders’ structure.

Frederic Convent, Option’s CFO & General Counsel, commented: “The institutional investment community is endorsing our sustainable growth plan and technological product roadmap for the quarters to come by increasing its interest in the Company. By executing well we are able to offer an interesting free float for the investors reflecting our efforts of global investor relations”.

Option’s updated shareholders’ structure is as follows: PDF

The last annual report and the other interim reports are available on the website www.option.com

For more information please contact:

Frederic Convent, CFO & General Counsel

Tel +32 (0)16 317 411

investor@option.com

About Option

Option NV (www.option.com), the wireless technology company, is a leading innovator in the design, development and manufacture of 3G WCDMA (UMTS), EDGE, GPRS, GSM and WLAN technology products for wireless connectivity solutions. Option has built up an enviable reputation for creating exciting products that enhance the performance and functionality of wireless communications. Option’s headquarters are in Leuven, Belgium. The company has Research & Development in Leuven, a Software and Applications development centre in Adelsried (Germany) and an ISO 9002 production engineering and logistics facility in Cork, Ireland.

Option and the Option logo are trademarks of Option NV.