Leuven, October 21, 2003 - Option NV (NASDAQ Europe: OPIN and Euronext Brussels: OPTI) announced today that NASDAQ Europe has approved its request to delist its shares from the NASDAQ Europe market. The last day of trading on NASDAQ Europe will be on November 05, 2003.

Option’s shares will continue to trade on the First Market of Euronext Brussels. Investors will be able to freely sell shares purchased on NASDAQ Europe on Euronext Brussels without incurring additional costs or having to comply with any restrictions or extra formalities. As a result, Option does not expect shareholders to be at a disadvantage as a result of the de-listing from NASDAQ Europe.

Option shareholders can continue to obtain quarterly releases and other price sensitive information about the company through consultation of the company’s website www.option.com, the Euronext website www.euronext.com and distribution through press agencies.


About Option - “Wireless Technology”

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. 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 NV can be found on the World Wide Web at www.option.com.

For any further information, please contact:

Frederic Convent
Chief Financial Officer & General Counsel
Option NV
Kol. Begaultlaan 54
3012 Leuven
Belgium
Tel +32 (0)16 317 411

investor@option.com