December sales SEK 7.5 billion (5.9)

December sales SEK 7.5 billion (5.9) 1) Sales in December Sales increased to SEK 7.5 billion (5.9), which was the highest level of monthly sales during the year. This corresponds to an increase of 28% in Swedish kronor and 33% in local currency. Sales in November 2003 were SEK 7.0 billion. Sales in the UK rose 69%, to SEK 3.8 billion (2.4). Sales in Sweden were down slightly and amounted to SEK 1.0 billion (1.0). In Skandia's other markets, sales rose 21% to SEK 2.7 billion (2.5). Unit linked assurance Sales of unit linked assurance in local currency rose 35% to SEK 5.2 billion (4.0). New sales of unit linked assurance rose 23% in local currency. Sales through December Sales amounted to SEK 75.4 billion (69.2), rising 16% in local currency. Of total sales, unit linked assurance accounted for SEK 52.8 billion (47.8), mutual fund savings products for SEK 18.3 billion (17.0), and direct sales of funds for SEK 2.7 billion (2.3). Sales in the UK amounted to SEK 37.8 billion (39.1). In Sweden sales totalled SEK 12.1 billion (12.4). Sales in other markets increased to SEK 25.5 billion (17.7). Forthcoming reports Skandia's 2003 Year-End Report will be released on 27 February 2004. On Thursday, 19 February 2004, Skandia will be reporting on financial effects for the fourth quarter of 2003. For further information, please contact: Harry Vos, Head of Investor Relations, tel. +46- 8-788 3643 All comparison figures pertain to the corresponding period a year earlier, unless otherwise indicated. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/16/20040216BIT00040/wkr0001.doc The full sales report http://www.waymaker.net/bitonline/2004/02/16/20040216BIT00040/wkr0002.pdf The full sales report

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