Exhibit 10.1


 


CONCORDIA
ANNOUNCES FILING DEREGISTRATION FORMS WITH THE UNITED STATES SECURITIES AND
EXCHANGE COMMISSION THE FOLLOWING GROUP COMPANIES: CONCORDIA BUS NORDIC AB
(PUBL), CONCORDIA BUS FINLAND OY AB, CONCORDIA BUS NORDIC AB
AND CONCORDIA BUS NORDIC HOLDING AB.


 


October 20, 2008 - Concordia Bus
Nordic AB (publ) (the “Company”), Concordia Bus Finland OY AB, Concordia Bus
Nordic AB and Concordia Bus Nordic Holding AB (together with the Company, the “Concordia
Companies”),
announced today that they intend to voluntarily file deregistration forms with
the U.S. Securities and Exchange Commission (the “SEC”) in connection
with terminating their respective reporting obligations under the Securities
Exchange Act of 1934, as amended (the “Exchange Act”).


 


The
Concordia Companies are filing Form 15F’s with the SEC on or about the
date hereof.  Upon filing the Form 15F’s,
their respective reporting obligations under the Exchange Act are immediately
suspended, meaning they will no longer submit reports to the SEC.  The deregistration will be effective 90 days
after the filing, unless the Form 15F’s are earlier withdrawn by the
Concordia Companies.


 


The
Company expects to continue publishing its annual report and consolidated
financial accounts and other documents and communications in accordance with
Exchange Act Rule 12g3-2(b) on its website
http://www.concordiabus.com.


 


The
Concordia Companies decided to deregister under the Exchange Act to reduce both
the costs and complexity of complying with the periodic reporting obligations
of the Exchange Act in addition to those of their own jurisdictions.


 


CAUTIONARY
NOTICE REGARDING FORWARD-LOOKING STATEMENTS


 


This
press release includes forward-looking statements. The Company has based these
forward-looking statements on our current expectations and projections about
future events. These forward looking statements can be identified by the use of
forward-looking terminology, including the terms “believe,” “estimate,” “anticipate,”
“expect,” “intend,” “continue,” “may,” “will” or “should” or, in each case,
their negative, or other variations or comparable terminology. These
forward-looking statements include all matters that are not historical facts.


 


By
their nature, forward-looking statements involve risks and uncertainties
because they relate to events and depend on circumstances that may or may not
occur in the future. The Company cautions you that forward-looking statements
are not guarantees of future performance and that the Company’s actual actions
may differ materially from those made in or suggested by the forward-looking
statements contained in this press release. In addition, even if the Company’s
actions are consistent with the forward-looking statements contained in this
press release, those actions or developments may not be indicative of actions
or developments in subsequent periods.


 


The
Company undertakes no obligation to update publicly or to revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.  In light of these
risks, uncertainties and assumptions, the forward-looking events discussed in
this press release might not occur. You should not interpret statements
regarding past trends or activities as representations that those trends or
activities will continue in the future.