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Ballingslöv discontinues the Svane Project

PRESS RELEASE Ballingslöv June 15, 2005The first quarter 2004 Ballingslöv made an agreement to acquire the brand, franchise concept as well as all other intangible assets of the Danish kitchen chain of stores, Svane, consisting of 26 retailers. Ballingslöv’s Swedish factory, Ballingslöv AB, was supposed to manufacture the full Svane volume of kitchens and bathroom furniture from the turn of the year 2005/2006 (appr. 250 MSEK/year). The integration of the Svane-production has turned out to be more complex than expected and despite big efforts the expected profitability of the project has not

DNBNOR - BOARD OF DIRECTORS IN DNB NOR BANK ASA

At a meeting of the Supervisory Board on 14 June 2005, DnB NOR Bank ASA reelected the following members of the Board of Directors: Per Hoffmann, Olav Hytta, Sten Sture Larre and Torill Rambjør. Heidi M. Petersen was elected new board member, while Bjørn Davidsen was reelected as a deputy. Olav Hytta was reelected board chairman and Bent Pedersen was reelected vice-chairman. The term of office is up to two years. At a meeting of the Supervisory Board on 14 June 2005, DnB NOR Bank ASA reelected the following members of the Board of Directors: Per Hoffmann, Olav Hytta, Sten Sture Larre and

DNBNOR - BOARD OF DIRECTORS IN DNB NOR ASA

At a meeting of the Supervisory Board on 14 June 2005, DnB NOR ASA reelected the following members of the Board of Directors: Olav Hytta, Berit Kjøll, Jørn O. Kvilhaug and Anne Carine Tanum. Nina Britt Husebø and Heidi M. Petersen were elected new board members, while Tor Nordvold was reelected as a deputy and Sverre Finstad was elected as a new deputy. Olav Hytta was reelected board chairman and Bjørn Sund was reelected vice-chairman. The term of office is up to two years. At a meeting of the Supervisory Board on 14 June 2005, DnB NOR ASA reelected the following members of the Board of

Intrum Justitia acquires Creditexpress, Slovakia’s leading debt collection company

Intrum Justitia has acquired Slovakia’s leading debt collection company, Creditexpress Slovakia s.r.o. The company has a turnover of about SEK 6 M and has 30 office based staff in Bratislava.Although the acquisition of Creditexpress is comparatively small for the Intrum Justitia Group, it will bring a strong market position in Slovakia. The country has 5.4 million inhabitants and the debt collection market is primarily consisting of consumer collection. The acquisition also adds a new country to the Intrum Justitia Group, which is now operating in 22 European countries. During the year the

TELE2 LAUNCHES MOBILE SERVICES IN FRANCE

Stockholm – Tele2 AB, (“Tele2”), (Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company today announced, that two months after signing its MVNO agreement, it is launching mobile services in France.Following the agreement signed with Orange France in April this year, Tele2 will, from Friday June 17, give French customers the opportunity to use Tele2 as their mobile provider. Tele2 will become the No 4 mobile operator in France with this national launch and the only one offering its customers a complete and convergent offer of fixed telephony,

Skanska involved in final negotiations for Finnish expressway project on public-private partnership basis

Skanska, as part of a consortium, has been selected by the Finnish National Road Administration, Finnra, for the construction of a section of the E18 expressway in Finland. The project will be implemented as a public-private partnership project, which means that the Skanska consortium will be responsible for designing, constructing and operating the expressway, and will also be involved in arranging the financial solution.Final negotiations between the consortium, Tieyhtiö Ykköstie, and Finnra will now take place. The Finnish National Road Administration estimates that it will be possible

HSE: STORA ENSO OYJ: CONVERSION OF A SHARE INTO R SHARE

EXCHANGE NOTICE 265/2005, 15 June 2005 SHARESSTORA ENSO OYJ: CONVERSION OF A SHARE INTO R SHARE A total of 740 A shares converted into R shares will betraded together with the R shares of Stora Enso Oyj as of16 June 2005. Identifiers of Stora Enso Oyj's A and R share: Trading code: STEAVISIN code: FI0009005953Orderbook id: 24359Number of shares: 178 618 796 Trading code: STERVISIN code: FI0009005961Orderbook id: 24360

Star Alliance named as world's best airline alliance

In a recent passenger survey conducted by Skytrax, the specialist air transport research organization, Star Alliance, has been named the world's best airline alliance. This honour for Star Alliance comes as part of the 2005 World Airline Awards and is also the second time in three years that the alliance has been given this accolade. Star Alliance's vision is to be the leading global airline alliance for the high value international traveller. In order to achieve this, the alliance has in the eight years since its inception been working at better meeting the requirements of the

ELEKTA ESTABLISHES NEW FINANCIAL OBJECTIVES AND PROPOSES DIVIDEND OF SEK 6.60

PRESS RELEASE Stockholm, Sweden, June 14, 2005 As stated today’s Report on operations in the year ended April 30, 2005, new financial objectives has been established for the Elekta Group, including a revised profitability objective to reach 14-16 not later than fiscal year 2007/08. For the first time in 10 years, the Board is proposing a dividend. In accordance with Elekta’s dividend policy, an ordinary dividend of SEK 1.60 per share is proposed and, in addition, an extraordinary dividend of SEK 5.00 per share.Elekta conducts its operations with financial objectives to achieve sustainable

Notice of share divestment

SEB has, through redemption, divested all its 9,968,861 class C shares of SSAB Svenskt Stål AB (SSAB). SEB thereafter owns a total of 612,632 class A shares and 177,328 class B shares, which together represent 0.78 per cent of the share capital and 0.82 per cent of the voting rights of SSAB. The class C shares have been redeemed as part of SSAB's share redemption program, adopted by SSAB's general meeting on 22 April, 2005.   The SEB Group is a North European financial group for corporate customers, institutions and private individuals, with 680 branch offices around Sweden,

Report on operations in the year ended April 30, 2005

• On April 4, 2005 Elekta acquired IMPAC Medical Systems, transforming Elekta into a comprehensive provider of systems and solutions across the whole spectrum of can-cer care. Acquisition value amounted to USD 257 M (SEK 1,812 M) • Profit after taxes amounted to SEK 241 M (248). Earnings per share after dilution amounted to SEK 7.67 (7.63). • Operating profit increased by 14 percent, amounting to SEK 349 M (306) and the operating margin was 11 percent (11). • Cash flow from operating activities amounted to SEK 408 M (448). • Order bookings rose 9 percent to SEK 3,558 M (3,262). At fixed

Information on second quarter of 2005

The distribution of Gunnebo Industrier (GIAB) has now been completed, and the shares were listed on Stockholmsbörsen’s “O” list on 14 June 2005. Gunnebo Industries (GIAB) will not be included in the consolidated accounts for the second quarter of 2005. During the first quarter of 2005, the Gunnebo Group’s result after financial items and excluding items affecting comparability, and also excluding Gunnebo Industrier (GIAB), was a loss of MSEK 8 (profit 25). It was also stated in the quarterly report for the first quarter, as it was in the year-end release published in February, that the

Allfarveg and Veidekke stop work on PPP tender

Allfarveg and Veidekke have today informed the Public Roads Administration that they are stopping any further work on the E18 Grimstad-Kristiansand PPP project. The due date for the tender is 7 November this year and Allfarveg/Veidekke are one of four prequalified tenderers.Veidekke's President and CEO Terje R. Venold regrets having to abstain from submitting a tender for the project, but stresses at the same time that there is nothing dramatic about this decision. "From time to time, we have to decide against some opportunities," he says. "Every serious contractor knows not to compete

Tax rulings contribute SEK 300 M to Volvo

Administrative Court of Appeal has delivered rulings in several tax cases affecting different companies in the Volvo Group. Taken as a whole, the Administrative Court of Appeal rulings will have a positive effect of about SEK 300 M on AB Volvo’s second-quarter earnings.In all, 16 different rulings have been delivered in cases affecting the tax-assessment years 1991-1999. All of the cases related to appeals against County Administrative Court rulings and involved a number of different issues. To a large extent, the Administrative Court of Appeal’s verdicts followed the rulings delivered

Stora Enso shares converted and North American stock options exercised

STORA ENSO OYJ Stock Exchange Announcement 15 June 2005 at 12.00Stora Enso shares converted and North American stock optionsexercised During the 30 April–31 May 2005 conversion period there was oneconversion and a total of 704 A shares were converted intoR shares. The shares were recorded in the Finnish trade registertoday, 15 June 2005, and trading in the new R shares will starton 16 June 2005. Breakdown of shares after conversion:A shares178 618 796R shares634 358 303Total812 977 099 Stora Enso North America Option Programme Following the acquisition of Consolidated

Volvo Buses to close factory in Heilbronn

Volvo Buses is closing its coach factory in Heilbronn, Germany. The formal decision to close the factory was taken by the board of directors at Volvo Busse Industries (Deutschland) GmbH. The decision will affect around 150 people.Volvo Buses manufactures one of its coach models, the Volvo 9900, at the Heilbronn factory, a unique low volume product. The financial result for the Volvo 9900 has been unsatisfactory for many years. Volvo Buses’ board decided in the spring to no longer accept losses at the Heilbronn factory. Volvo Buses has worked with different alternatives for Heilbronn’s

Extraordinary General Meeting

RECONVENING NOTICE is given to the shareholders of the Company that in consideration of the quorum required by the law of 10 August 1915 on commercial companies, as amended (the Law) and the articles of association of the Company (the Articles) not having been reached at the Extraordinary General Meeting of the shareholders of the Company held on 31 May 2005 to consider and vote on the below agenda items, a subsequent Extraordinary General Meeting of the shareholders of the Company (the Meeting) will be held on 6 July 2005 at 3.00 p.m. before Maître Paul Decker, notary, at the registered

SEB: Acceptance level of 98.4 per cent in the Norwegian Privatbanken

SEB has now received acceptance from owners who together with SEB's own shares represent 98.4 per cent of the shares in the Norwegian Privatbanken ASA on a fully diluted basis.   The SEB Group is a North European financial group for corporate customers, institutions and private individuals, with 680 branch offices around Sweden, Germany, the Baltic countries, Poland and Ukraine. SEB has more than 5 million customers, of whom 2 million use the internet for their banking transactions. On 30 December 2004, the Group's total assets amounted to SEK 1,591bn while its assets under management

Ericsson's CEO defines mobile broadband as the new media channel

At CommunicAsia 2005 in Singapore, Ericsson's President and CEO Carl-Henric Svanberg said that mobile broadband is paving the way for new services, with content and media playing a very important role."There is a new media channel emerging to millions of consumers. Both music and television are entering handsets as the technical capability for this is developing rapidly," said Svanberg. Addressing the main challenges and opportunities for operators in the region, Svanberg referred to new mobile services such as mobile music and TV as the main drivers of mobile broadband, demanding a high

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