Press Release from Esselte AB
2002-07-26

J.W. Childs Acquisition Sweden AB announced on July 11, 2002 that the
conditions for the public tender offer of all shares of Esselte AB
(publ) have been met and that the offer will be executed.

Due to the public tender offer, the Board of Directors of Esselte AB
(publ) applied to Stockholmsbörsen (the Stockholm Exchange) and to the
United Kingdom Listing Authority (UKLA) and the London Stock Exchange
for de-listing of the Esselte shares from Stockholmsbörsen, the Official
List of the UKLA and from trading on the London Stock Exchange. The
applications for de-listing have been approved with effect as from 1
August 2002. Therefore, the final day for trading in Esselte shares on
either exchange will be 31 July 2002.

Esselte is the leading global office supplies manufacturer with annual
sales of approx. SEK 11 billion, subsidiaries in 25 countries, selling