THE PUBLIC OFFER FOR CONVERSION RIGHTS IN ERICSSON; ACCEPTANCE PERIOD NOW CLOSED - 36 363 982 RIGHTS HAVE BEEN ACQUIRED

By way of a press release on 21 July 2004, the undersigned shareholders
in Telefonaktiebolaget LM Ericsson ("Ericsson") made a public offer (the
"Offer") to the future holders of so-called conversion rights in
Ericsson to sell such rights to us for SEK 1.10 in cash per conversion
right.

The acceptance period for the Offer was 20 September - 20 October 2004.

Since the acceptance period is now closed, it is hereby announced that
we have acquired 36 363 982 conversion rights under the Offer, which
entitle us to convert 36 363 982 B-shares in Ericsson to a corresponding
number of A-shares in the company. This number of A-shares corresponds
to 1,3 % of the total number of votes in Ericsson, assuming that all
issued conversion rights will be exercised.

The 36 363 982 conversion rights that we have acquired under the Offer,
as described above, will be distributed among us as indicated below:

Ericsson

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