New Scandic Hotel in Stockholm - 2002

New Scandic Hotel in Stockholm - 2002 Scandic will open a new 300-room hotel in the autumn of 2002 in Alvik, a western suburb 10 kilometers from central Stockholm. The NCC construction company will build the hotel in accordance with Scandic's environmental standards. "The new hotel represents a highly significant strengthening of our position in western Stockholm," says Lars Sjölander, business area manager for Scandic Hotels in Sweden. "The hotel will be in a prime location, with many favourable communication possibilities, including public transport by bus and subway and proximity to an airport." For additional information, contact: Lars Sjölander, Business Area Manger, Sweden +46 8 517 351 41 Gunnar Brandberg, Senior Vice President, Communications +46 8 517 352 12, or +46 709 73 52 12. Scandic Hotels is the leading hotel group in the Nordic region, with 153 hotels in ten countries, mostly in the Nordic region. Scandic's strategy is to be solely a hotel operator and its business concept is "to offer many people the highest value for money when staying in hotels, during work and leisure." Scandic Hotels AB (publ.) PO Box 6197, S-102 33 Stockholm, Sweden Tel: +46 8 517 350 00. Fax: +46 8 517 352 80 e-mail: info@scandic -hotels.com Company no. 556299-1009 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/23/20000823BIT00130/bit0001.doc http://www.bit.se/bitonline/2000/08/23/20000823BIT00130/bit0002.pdf

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