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Kvaerner Pulping celebrates 100 oxygen delignification systems

The new system at the Gruvön mill will be used in the birch fiberline and is part of a quality and environmental improvement programme at the mill. Start-up is scheduled for November 2005. "We make considerable investments in order to offer the most innovative technology to the pulping industry, and the area of oxygen delignification is a good example of that we fulfil this ambition," says Per-Åke Färnstrand, President at Kvaerner Pulping. In collaboration with SAPPI and L'Air Liquide, Kvaerner Pulping (Kamyr) introduced the first commercial full-scale oxygen delignification system at

Fagerhult takes Scandinavian Design to China

“During 2004 we have reviewed our strategy and as a part of that process decided to start up activities in China”, says Per Borgvall CEO of the Fagerhult Group. There are a number of reasons to the exceptional growth in China. Big inflow of foreign investments, a huge source of labour, fast growth of net income and an increasing level of education are just a few of the reasons. Shanghai being the most modern city of China is also one of the biggest cities in the world with a population of more than 12 million inhabitants and with its location close to the sea an important harbour.

Improved competitiveness for the VSM Group with SmartFuture

• The VSM Group has begun codetermination talks with the unions regarding changes to be made to the business structure as part of the company’s efficiency programme, SmartFuture. • The underlying cause has been the severely weakened US dollar, along with lower sales due to increased price competition on the world market from players with production based in low-cost countries. • 90–120 jobs at the company’s head office and factory in Huskvarna are affected by the notice announced today to the county labour board. • Personnel were notified of the planned changes during the course of the

NCC sells Skifer og Naturstein AS of Norway for SEK 82 million

NCC Roads Holding AB is selling Skifer og Naturstein AS, a Norwegian producer of slate, to AS Johs. Grønseth & Co. The purchase consideration is slightly more than SEK 82 million and the sale will generate a marginal capital loss.NCC’s strategy entails concentration on the Group’s profitable core business and a focus on the Nordic market. The current sale of Skifer og Naturstein is in line with this strategy. AS Johs. Grønseth & Co will take over all of the shares and loans in Skifer og Naturstein in conjunction with the acquisition. It is estimated that the transaction will be completed in

ELEKTA'S BOARD DECIDES ON REPURCHASE OF OWN SHARES

PRESS RELEASE Stockholm, December 14, 2004 The Board of Directors of Elekta has decided to utilize the authorization the Board received from the Annual General Meeting to repurchase shares in the company.Elekta’s dividend policy is to distribute 20 percent or more of net profits to shareholders in the form of dividends, share repurchases or comparable measures. Based on this policy, the company’s strong financial position and current capital structure, Elekta’s Annual General Meeting on September 21, 2004 resolved to authorize the Board to decide on the acquisition of a maximum of 10

Elekta - Interim report for the six-month period May 1 – October 31, 2004/05

• Profit after tax rose by 43 percent to SEK 114 M (80). Earnings per share increased to SEK 3.65 (2.45) before dilution and SEK 3.65 (2.42) after dilution. • Operating profit rose by 55 percent to SEK 166 M (107) and the operating margin increased to 11 percent (8). Operating profit for the second quarter improved to SEK 91 M (54). • Cash flow after investments was negative in an amount of SEK 10 M (positive: 8). • Order bookings amounted to SEK 1,515 M (1,518). At fixed exchange rates, order bookings rose by 2 percent. Order bookings during the second quarter improved by 21 percent to SEK

Karlshamns sells its shareholding in Swiss company

Karlshamns AB sells its 20-percent participation in the Swiss sales company AKOLEO, to the company’s main shareholder Oleotrading. Karlshamns has held its 20-percent shareholding ever since AKOLEO was established in 1986. AKOLEO has functioned as a base for sales activities in Eastern Europe as well as in Northern Africa. – AKOLEO’s operations have changed over the years, as have business conditions in its targeted markets. We have thus decided to sell our share of the company, to focus fully on our core operations, says Karlshamns’ President and C.E.O. Jerker Hartwall. When selling its

Dividend proposal for 2003/2004 fiscal year and future dividend policy

The Board of Directors of RNB has decided to propose to the Annual General Meeting that no dividend be distributed for the 2003/2004 fiscal year.The Board´s ambition is that the company shall be able to pay a dividend as soon as possible to holders of common shares. Considering the company´s current structure and development, it is now the Board´s long-term goal that the dividend in the future shall amount to 50 percent of profit after tax. The share capital in RNB is distributed among 7,504,437 common shares and two preference shares. Holders of the preference share have preferential

Press release from Concordia Maritime AB

• Revised full-year forecast for 2004: Profit before tax SEK 730 million (SEK 15.29 per share) – previous forecast: SEK 750 million (SEK 15.71 per share). • Delivery of the remaining Concordia Class tanker Stena Congress has been delayed until January, 2005. Consequently, the capital gain of approx. SEK 45 million will be reported in 2005 instead of 2004. • The investment banks acting as underwriters in the initial public offering of Arlington Tankers Ltd. have exercised their option to purchase shares in Arlington from Concordia. Concordia’s shareholding in Arlington after the transaction is

HNA/HNB Cancellation of Listing

Official List NoticeOn 15th November 2004 Hafslund ASA gave notice of its intention to cancel the secondary listing of its capital stock ('A' shares and 'B' shares) on the Official List maintained by the UK Listing Authority.   The cancellation is effective as of 15th December 2004.   Hafslund ASA Oslo, 14th December 2004   For further information, please contact:   Group Treasurer Hafslund, Mr Ketil Wang, Tel. +47 975 13 135 or per E-mail ketil.wang@hafslund.no   END

ReadSoft commended for new software platform in prestigious European awards

ReadSoft has been commended at the Information Management 2004 Awards, the premier European recognition of excellence and innovation in the management of business information. The prize was awarded ReadSoft at a ceremony in UK based on the launch of ReadSoft’s new software platform, ReadSoft DOCUMENTS.ReadSoft DOCUMENTS, a complete software platform for Document Automation, was commended in the “Document Management Product” category for “the most exciting and innovative new document management products.” ReadSoft picked up the commendation ahead of 12 other finalists, and was also a short-

Akzo Nobel's figures follow new IFRS rules

Arnhem, the Netherlands, December 14, 2004 – Akzo Nobel has published restated financial figures for the first three quarters of 2004 in preparation for a shift to reporting under new international standards from the beginning of next year. The adjusted figures – which have no effect on the underlying cash flows of the businesses – result in an increase in net income and a decline in shareholders’ equity.As of January 1, 2005, the Company will have to prepare its consolidated financial statements in accordance with International Financial Reporting Standards (IFRS). Akzo Nobel currently

Nomination committee for Teleca

Teleca’s annual general meeting in May 2004 decided that a nomination committee should be appointed consisting of the chairman of the board and a representative from each of the three shareholders with the most voting power.The following people have now been appointed to the nomination committee: - Dan Olofsson, chairman of the board of Teleca AB - Konstantin Caliacmanis - Henrik Didner, Didner & Gerge Fonder - Annika Andersson, Fourth Swedish National Pension Fund For more information, contact: - Dan Olofsson, Chairman, Teleca AB, +46-406659000

Tax settlement removes contingent liability of SEK 510 million

NCC Property Development and the German tax authorities have reached an agreement that will exempt NCC from exposure to a tax risk of SEK 510 million.The dispute traces its roots to properties in Germany that was owned by Dutch subsidiaries of NCC Property Development during the early 1990s and which subsequently became subject to a tax audit. In connection with this tax audit, the German tax authorities directed claims for taxes in an amount of SEK 431 million against the Swedish Parent Company – NCC Property Development AB – and of SEK 129 million against the foreign subsidiaries, making

Cevian Capital owns 3.0% of the shares in Skandia Försäkrings AB (publ)

Cevian Capital Limited La Motte Chambers St. Helier Jersey Channel Islands JE1 1BJ Telephone +44 (0)1534 602000 Direct Telephone +44 (0)1534 602 509 Direct Facsimile +44 (0)1534 602 433 Email denzil.boschat@abacusglobal.com PRESS RELEASE Cevian Capital owns 3.0% of the shares in Skandia Försäkrings AB (publ) Please be advised that Cevian Capital has acquired 30,720,000 shares in Skandia Försäkrings AB (publ) representing 3.0% of the capital and votes in the company. For further information please contact Lars Förberg or Christer Gardell (Tel +46 8 545 675 50) Yours faithfully Keith Mallet

SCA acquires Munksjö's tissue operations

SCA has acquired Munksjö’s all tissue assets for a purchase price of SEK 249 M (EUR 28 M). Munksjö’s net sales in 2004 are expected to amount to about SEK 420 M. Production, which is carried out in Jönköping, Sweden and Drammen, Norway, amounts to approximately 45,000 tons and focuses both on the consumer tissue and Away From Home (AFH) markets. The acquisition requires the approval of the relevant competition authorities. Stockholm, 14 December 2004 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Communications and Investor Relations For further information please contact: Jan Åström, President

AB Volvo announces repurchase of 300,000 B shares and 15,000 A shares

Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Monday, December 13, acquired 300,000 series B shares. The shares were traded between SEK 267.00 and 271.00 with an average price of SEK 269.02. And has acquired 15,000 series A shares. The shares were traded between SEK 256.50 and 260.50 with an average price of SEK 258.49.On June 17, 2004, the Board of AB Volvo decided to acquire through purchase on Stockholmsbörsen (Stockholm Exchange) a maximum of 22,076,045 Series A and/or Series B shares, however, not

ARTIMPLANT AND BIOMET SIGN DEVELOPMENT AND LICENSE AGREEMENT

Artimplant develops Artelon implant for augmentation of damaged soft tissueArtimplant AB, a Swedish publicly traded biomaterials and orthobiologics company, and Biomet, a worldwide leader in the design, manufacture and marketing of musculoskeletal implants, have today signed a global development, license and supply agreement concerning an implant based on Artimplant’s proprietary Artelon technology. The product will be used for repair of damaged soft tissue. Artimplant will be responsible for product development and filings for regulatory approval. Biomet’s responsibility will be to take

What Swedes want under the Christmas tree this year

Two out of three Swedes want technology-related presents this Christmas. The most popular technical gifts on the wish-list are an MP3 player, a DVD player and a mobile telephone. Most people in Sweden will spend between SEK 2,000 and SEK 3,000 for Christmas presents. These are some of the findings of a Telia survey that polled 10,500 people in Sweden.Technical presents are the most popular Christmas gifts – 66 percent of the Swedes polled in the survey responded that they would prefer to have something in the way of electronics if they could choose their present. Sixty-nine percent of the

Ericsson joins WiMAX Forum(TM) to drive the development of open standards

Ericsson is a strong believer in open standards. "WiMAX ensures interoperability of the open IEEE 802.16 standard for broadband wireless access. It is a natural part of an operator's Ethernet broadband offering and can also serve as transmission backhaul," said Karl Thedeen, Vice President, Product Area Wireline. The fixed broadband wireless access market has until now been fragmented by different proprietary technologies. WiMAX will bring an open and widely accepted standard to that market. A WiMAX Forum Certified(TM) broadband wireless access solution would fit well in Ericsson's

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