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>> OPTION N.V. - FINANCIAL CALENDAR OF 2003

  FOR RELEASE: WEDNESDAY, JANUARY 8TH, 2003

Leuven, Belgium - January 8, 2003 - Option (Nasdaq Europe: OPIN), the leading supplier in wireless data communication solutions, today released its Financial Calendar for the year 2003.

Option intends to release its quarterly financial information in 2003 after market hours on the following dates:

Q4 figures + full year 2002: Tuesday February 18, 2003
Q1 figures: Tuesday May 6, 2003
Q2 figures: Tuesday August 5, 2003
Q3 figures: Tuesday November 4, 2003

Annual shareholders’ meeting: Monday March 31, 2003, at 10 a.m.

About Option – “Wireless Technology” – NasdaqEurope: OPIN

Option is the leading innovator in wireless communications. The company specialises in the design, development and manufacture of GSM, GPRS, WLAN, and 3G UMTS technology products for wireless connectivity solutions. Option has built up an enviable reputation for creating exciting new products that enhance the performance and functionality of wireless communications. More information can be found at www.option.com.

For financial contacts:
Frederic Convent, CFO
Tel +32 (0)16 317 411
f.convent@option.com

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