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Saab to divest Short Range Radio activities

Saab is divesting its activities in the field of short range radio communication, currently operated by the wholly owned subsidiary Saab Communication AB.The buyer is the newly formed Telephonics Sweden AB, a wholly owned subsidiary of Telephonics Corporation based in New York, US. “The divestment is a stage in the increased focus on our core business. We believe the operation will have better conditions to develop within Telephonics, which is an internationally well-established player in the communication products sector,” says SaabTech’s President Björn Erman. The transfer will take place

Leading Spanish IT Company Signs €1.5 Million Agreement to Adopt Telelogic’s ALM Solution

Spanish IT company standardizes on Telelogic DOORS®, Telelogic SYNERGY™, and Telelogic TAU® Generation2 in a four year agreement .MALMÖ, Sweden – December 21, 2004 – Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced that a leading Spanish information technology and defense systems company headquartered in Madrid, has signed a four year agreement worth €1.5 million to adopt Telelogic’s complete Automated Lifecycle Management (ALM) solution with the implementation of Telelogic DOORS, SYNERGY, and TAU

TeliaSonera rejects Swedish Competition Authority’s accusation of price squeezing

The Swedish Competition Authority (Konkurrensverket, KKV) announced today that it is taking legal action against TeliaSonera Sweden for acting in violation of the competition rules for the broadband market. TeliaSonera Sweden rejects the KKV’s assertion that TeliaSonera Sweden has been practicing price squeezing and that TeliaSonera Sweden has acted in violation of the competition rules for the broadband market in Sweden. In the opinion of TeliaSonera Sweden, the pricing used in both the retail and wholesale market, which KKV’s accusation pertains to, was commercially motivated and in line

6,400 shareholders took advantage of commission free trading

Shareholders in Wihlborgs Fastigheter AB (publ) with less than 100 shares (one round lot) have been offered the opportunity of either making their holding up to one round lot or of selling all their shares, free of commission. About 6,400 shareholders, of a total of about 18,600 at whom the offer was aimed, applied for purchase or sale. Of these applications, 2,900 were for sale and 3,500 for purchase. Overall the applications resulted in net purchases of 76,000 shares. "It is very positive and gratifying that 3,500 shareholders took this opportunity of increasing their holdings in

M-REAL ANNOUNCES PROFITABILITY IMPROVEMENT PROGRAMS IN ZANDERS AND MAP MERCHANTS UK

M-real Corporation Stock Exchange Bulletin 21.12.2004 at 3.00 p.m.M-REAL ANNOUNCES PROFITABILITY IMPROVEMENT PROGRAMS IN ZANDERS ANDMAP MERCHANTS UK M-real initiates two profitability improvement programs in Germanyand in the UK. They are part of M-real´s EUR 200 million savings andefficiency improvement program which was launched in early 2004. Theprogram proceeds as planned. As estimated in August, positive impacton profitability will be EUR 30 million in 2004. In Germany, as part of M-real Zanders´ profitability improvementprogram the number of employees will be reduced by 330

Thomas Lynch co-opted to the Board of Tripep

The former Vice Chairman and CFO of Elan Corporation Thomas Lynch has accepted an offer to join the Board of Tripep. Mr. Lynch also participated in the recently completed Tripep private placement. The Board of Directors of Tripep has resolved to accept the recommendation of the nomination committee that Thomas Lynch be co-opted as Director of the Board with immediate effect. The nomination committee proposes that Thomas Lynch be elected as a full member of the Board at the next Annual General Meeting in April of 2005. Mr. Lynch worked in a variety of capacities in Europe’s largest biotech

Nomination Committee for NeoNet AB

In accordance with information announced in connection to NeoNet’s Annual General Meeting, the representatives of the committee are hereby announced. Under the leadership of the Chairman of the Board of Directors, the committee will propose candidates for the Board of Directors, such proposal to be decided at the Annual General Meeting. The nomination committee shall comprise of the following representatives: Staffan Persson, Chairman Hans Karlsson Peter Lindell The nomination committee intends to announce a proposal of Board of Directors in advance of the Annual General Meeting of NeoNet

NCC International Projects ceases being a business area

On January 1, 2005, NCC International Projects will no longer be a business area within the NCC Group. In conjunction with this, business area president Per Nielsen will leave NCC’s Group management.On March 24, 2004, NCC announced that project operations in Africa, Asia and Central America would gradually be phased out and that projects in progress would be completed. NCC is instead concentrating its operations in the Nordic and Baltic Sea region, where the civil engineering market is expected to grow in the years immediately ahead, partly as a result of the EU’s expansion. As a result of

PONSSE TO ESTABLISH A SUBSIDIARY IN RUSSIA

PONSSE OYJ STOCK EXCHANGE RELEASE 21 DECEMBER 2004 2.30 P.M.PONSSE TO ESTABLISH A SUBSIDIARY IN RUSSIA Ponsse Oyj is to establish Russian subsidiary in early 2005. The newsubsidiary’s head office will be in the St Petersburgarea. It will sell and service Ponsse’s products and develop andprovide support to dealer network in Russia. Also OOO Zeppelin Russlandserves as Ponsse’s dealer in Russia. "The outlook on the Russian forest machine market is promising. Some160 million cubic metres of wood are harvested each year in Russiaand we can expect increased investment in raw wood

LÄNNEN TEHTAAT PLC'S FINANCIAL INFORMATION IN 2005

LÄNNEN TEHTAAT PLC STOCK EXCHANGE ANNOUNCEMENT December 21, 2004LÄNNEN TEHTAAT PLC'S FINANCIAL INFORMATION IN 2005 Lännen Tehtaat plc will publish during the year 2005 the following financialreports: Financial statement bulletin 2004 February 24, 2005Annual Report 2004 in week 12, 2005Interim report for January-March May 3, 2005Interim report for January-June August 11, 2005Interim report for January-September November 1, 2005 The financial reports are also published in English. The Annual General Meeting of Lännen Tehtaat plc

THE HOLDING OF FÖRENINGSSPARBANKEN IN AKTIA SAVINGS BANK BELOW 20%

AKTIA SAVINGS BANK PLC STOCK EXCHANGE RELEASE 21.12.2004THE HOLDING OF FÖRENINGSSPARBANKEN IN AKTIA SAVINGS BANK BELOW 20% Aktia Savings Bank Plc has been informed that through a sale of shares executedtoday 21 December 2004, FöreningsSparbanken AB (publ) has reduced itsshareholding from 8,600,000 shares to 7,000,000 shares of the total number ofAktia Savings Bank Plc shares of 35,258,050, therefore now holding 19.85% ofshares and voting rights. The largest shareholder of Aktia Savings Bank Plc is the Helsingfors Savings BankFoundation with its 20.5% holding. AKTIA SAVINGS

FöreningsSparbanken reduces its ownership in Aktia Sparbank

FöreningsSparbanken (Swedbank) has signed an agreement with Livränteanstalten Hereditas to sell 1.6 million shares in Aktia Sparbank. The total sales price is approximately SEK 100 M. As a result, FöreningsSparbanken’s ownership in Aktia Sparbank will be reduced from 24.4 % to 19.85 %. FöreningsSparbanken will therefore cease to report its holding in Aktia Sparbank according to the equity accounting method. The transaction has a limited financial effect for FöreningsSparbanken. Aside from a capital gain of approximately SEK 15 M, the Group’s primary capital ratio will increase by

THE HOLDING OF HERIDITAS IN AKTIA SAVINGS BANK OVER 5 %

AKTIA SAVINGS BANK PLC STOCK EXCHANGE RELEASE 21.12.2004THE HOLDING OF HERIDITAS IN AKTIA SAVINGS BANK OVER 5% Aktia Savings Bank Plc has been informed that through a purchase of sharesexecuted today 21 December 2004, The annuity insurance instituteLivränteanstalten Hereditas has increased its shareholding from 200,000 shares to1,800,000 shares of the total number of Aktia Savings Bank Plc shares of35,258,050, therefore now holding 5.11 % of shares and voting rights. The largest shareholder of Aktia Savings Bank Plc is the Helsingfors Savings BankFoundation with its 20.5%

Nordisk Renting acquires six properties from Din Bil for SEK 680 million

Nordisk Renting AB has entered into an agreement with Din Bil AB, owned by Volkswagen, regarding acquisition of six sales and service centres in Stockholm, Gothenburg, Malmö and Lund, including Din Bil’s headquarters in Södertälje. At the same time, the parties have signed long-term leasing agreements for all the properties. The overall investment is estimated to be worth approximately SEK 680m.The acquired properties are Din Bil’s largest and most strategically significant buildings. One is a new construction (in Lund), while the others have been newly renovated or are undergoing

Appointments at Componenta Group

Componenta Corporation Stock Exchange Release 21.12.2004 at 13.15Appointments at Componenta Group The following appointments have been made in the Componenta Groupthat come into force on 1 January 2005: Jari Leino, member of the corporate executive team, has beenappointed Director, Sales at Componenta - De Globe. He is responsiblefor corporate sales in Central Europe and for the Heavy Trucksbusiness area. Jari Leino will be based in the Netherlands for thetime being as from the beginning of January 2005. Tapani Paalanen has been appointed Corporate Quality Manager andwill report to

Change of Finnforest Directors' Market Areas

21/12/2004The following changes were made with regard to the market area responsibilitiesof Finnforest directors 14.12.2004, with immediate effect. Timo Kouri has been appointed Director for Germany, Austria and Switzerland. Hewill continue to be responsible for the eastern central European countries ofPoland, the Czech Republic, Slovakia, Hungary and Romania, and for markets inthe USA and the Asia-Pacific region. John Tong has been appointed Director for France, Spain, Portugal, Belgium andthe Netherlands. He will continue to be responsible for markets in the UK andIreland. Timo

Ole Salvén to be new CEO at Moelven

21/12/2004Present CEO Bo Borgström will retire 1.2.2005Ole Salvén LLB (51) has been appointed President and CEO of Moelven IndustrierASA with effect from 1.2.2005. Moelven's present President and CEO, IndustrialCounsellor Bo Borgström, who is also Deputy President and Deputy CEO ofFinnforest Corporation, will be retiring. Moelven is Finnforest's biggestsubsidiary and is responsible for all the Corporation's activities in Norway,Sweden and Denmark. Mr Salvén is currently Finnforest's Director for Continental Western Europe,and has held a number of leading management positions in

DNBNOR - CHANGES IN DNB NOR`S GROUP MANAGEMENT FROM 1 JAN. 2004

There will be some changes in the group management team as of 1 January 2005. Among other things, a special risk management unit will be established for the Group. Deputy CEO Karl-Olav Hovden will retire on 31 December 2004 after 31 years of employment. His area of responsibility, comprising Group Strategy, Group Development, the Investment Division, the Legal Department and the Group Secretariat, will be taken over by deputy CEO Tom Grøndahl. Corporate Communications, which has had administrative reporting lines to Hovden, will report directly to the group chief executive, Svein Aaser,

The 1994 convertible bond of Aktia Savings Bank Plc has been converted to a total

Aktia Savings Bank plc Stock Exchange Release 21.12.2004Conversion of Aktia's convertible bond 1994 The 1994 convertible bond of Aktia Savings Bank Plc has been converted to a totalof 40,000 new shares. The increase in share capital, amounting to 80,000 euro, from the present70,516,100 euro to 70,596,100 euro, will be entered in the Trade Register in thebeginning of 2005. AKTIA SAVINGS BANK PLC From:Head of Communications, Henrik WikströmTel. +358 10 247 6590, +358 50 63 201henrik.wikstrom@aktia.fi Distribution: OMX, the media

Order from Shanghai for 137 Volvo buses

Volvo Buses has received an order from Shanghai, China, for 137 city buses. This is the first order from Shanghai for Volvo’s modernized B7R Mk II city bus chassis.The order was placed by Volvo Buses’ largest customer in China, the Bashi Group. The company is the biggest player on the city bus market in Shanghai. Its fleet consists of around 1,200 Volvo buses, most operating on the prestigious inner city routes. The order includes 100 modernised Volvo B7R Mk II chassis. One of the many new features on the chassis is all-round disk brakes. It is now also simpler for passengers to get on and

Financial Reports and Annual General Meeting of Shareholders 2005

Aktia Savings Bank plc Stock Exchange Release 21.12.2004Financial Reports and Annual General Meeting of Shareholders 2005 Annual Accounts Announcement for 2004 Aktia Savings Bank plc will publish its accounts announcement for 2004 on Friday11 February 2005 at 9 a.m. Press conference will be held at 10 a.m., Mannerheimintie 14 A, 3rdfloor. Annual Report 2004 Aktia Savings Bank plc will publish its annual report for 2004 on Thursday 31March 2005. Interim Reports 2005 Interim Report for January-March 2005 - Monday 16 MayInterim Report for January-June 2005 - Thursday 18

Fagerhult announces disposal of Aneta

Aneta Belysning has been a part of the Fagerhult Group since 1995. The business is based in Växjö and offers lighting products for domestic purposes. Aneta has 40 employees in Sweden and Finland with the majority in Växjö. This disposal is a step in the execution of Fagerhults previously announced strategy to focus on business in the professional lighting segment. Fagerhult recently started manufacturing and sales activities in China and have plans for further expansion in other markets. “We have to focus on our strategy to be in professional lighting and I am pleased that we are able

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