Ericsson Interim Report Six months ended June 30, 1999

Ericsson Interim Report Six months ended June 30, 1999 * Mobile systems' growth over 40 percent. * Strengthened leadership in third generation (3G) wireless systems with key contracts and acquisitions. * Consumer products down at breakeven profitability on 31 percent volume increase. New mobile phones will have a positive impact on income. * New executive leadership for fast improvement of operational performance. * Ericsson forecasts the pretax profit for 1999 to be lower than in 1998. For the year 2000 Ericsson anticipates strong improvements with a profit before taxes better than in 1998. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/07/23/19990723BIT00040/bit0001.doc The full report http://www.bit.se/bitonline/1999/07/23/19990723BIT00040/bit0002.pdf The full report

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