New Head of Capio Elderly Care business area

3/26/2003 9:36 AM EST

Dwight Sjöstedt has been appointed new head of the Capio Elderly Care
business area and Managing Direcotor of Actica Omsorg AB. Sjöstedt has
held senior management positions in several large Swedish companies and
joined the Group most recently from NCC Building, where he was Financial
Officer. Since October 2003, he has participated in the introduction of
a new payroll system and a uniform IT platform for Capio Elderly Care.
He assumes his new position effective March 31.

After nearly 20 years as head of several medical care companies, Sture
Ericsson is now relinquishing his position as president of Actica Omsorg
AB to become Chairman of the Capio Elderly Care business area. He will
also work with special projects on behalf of the Capio Group Executive
Committee.

"I have been privileged to be a pioneer in what we call care contracting
and have now taken part in the development of Sweden's and Norway's most
respected elderly-care company. It is thus with great satisfaction and
considerable expectations for the future that I now relinquish my role
as president of Actica," says Sture Ericsson.

Capio will continue to develop elderly care services within the Group.
Actica's concept of providing care "on the patient's own terms" has
steadily gained strong support in the market and is today synonymous
with high-quality individually adapted elderly care. Actica's secure-
living concept is a model for the future in the area of facilities
combining special residential services with homes for the elderly. The
first full-scale facility, with approximately 200 apartments, has now
been started in Halmstad, Sweden. During the year, Actica will open two
newly built residential care facilities in Lerum, outside Gothenberg,
and Skarpnäck, close to Stockholm. The company has also secured care
contracts that will enable it to establish secure living for the elderly
in Malmö, southern Sweden.

In total Capio's operations in the field of elderly care generate
revenues of SEK 850 M per year, of which the Swedish market accounts for
slightly more than SEK 700 M. This makes Actica Omsorg one of the
largest players in the private elderly care services sector in Sweden.

Gothenburg, March 26, 2003
Capio AB (publ)

For further information, please contact:
Sture Ericson, Head of Capio Elderly Care
business area and President, Actica Omsorg+46 31 773 75 01, +46 70 604
10 01
Ulrika Stenson, Vice President, Corporate
Communications, Capio AB+46 31 732 40 04, +46 70 590 07 23