Gränges Group Year-end Report for 1998

Press Release January 28, 1999 Gränges Group Year-end Report for 1998 All Group business areas improved operating profit during the fourth quarter, compared with the corresponding period of 1997 Excluding Gränges Metall and nonrecurring items, Group operating profit increased by 12 percent during 1998 Expressed in tonnes, deliveries rose by 8 percent for comparable operations for 1998 as a whole Earnings per share, including nonrecurring items, totaled SEK 10.90 (7.20). 1 Excluding nonrecurring items, earnings per share were SEK 9.80 (10.00 ) The Board proposes that a dividend of SEK 3.75 per share be paid for the 1998 fiscal year (2.50), corresponding to a total dividend payment of MSEK 137.3 (91.5) Staffan Bohman will become Gränges' new President and CEO, effective February 1, 1999 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/01/28/19990128BIT00170/bit0001.pdf Hela Rapporten http://www.bit.se/bitonline/1999/01/28/19990128BIT00170/bit0002.doc Hela Rapporten

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