Preliminary offer for all shares in IRO AB

Preliminary offer for all shares in IRO AB The board of directors of IRO AB (publ) has received a preliminary offer for all the outstanding shares of IRO. The offer level discussed is SEK 122.50 per share. IRO's main shareholder, Stena Sessan Rederi AB, has in the negotiations accepted this level. The final offer is, however, conditional to the IRO board's approval of the transaction. The board of IRO will return with complete information on Monday 21 August 2000. IRO AB (publ) Board of directors This press release may not be released or distributed in the U.S., Canada, Japan or Australia. The offer is not being made to persons whose participation requires additional prospectus information, registration or other measures than those in accordance with Swedish law. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/16/20000816BIT00150/bit0001.doc http://www.bit.se/bitonline/2000/08/16/20000816BIT00150/bit0002.pdf

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