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Statement of the Board of Directors of Ainax AB

In relation to the proposed public offer by Scania AB (“Scania”) to the shareholders of Ainax AB ("Ainax") to be considered at Scania’s extraordinary general meeting (“EGM”) on November 19, 2004, to acquire all outstanding shares in the company (the "Proposed Offer"), the Board has noted the terms of the Proposed Offer and will review such, prior to making a recommendation to its shareholders in due course. Accordingly, at the of Scania on November 19, 2004, Ainax will participate, but abstain from voting in relation to the Proposed Offer. We also refer to a statement from the Swedish

Halebop enters into cooperation with Lunarstorm

Halebop and Lunarstorm* have just recently started to cooperate and two customer offerings have already been developed as a result: Halebop’s prepaid card customers will now be given access to Lunarstorm on their mobile phones and Lunarstorm’s members will be offered a special packaged deal consisting of a Halebop prepaid card and a number of Lunarstorm services.Since many Halebop prepaid customers are also Lunarstorm members, it is natural for Halebop to enter into collaboration with Lunarstorm to develop new services and offerings. “Together, we can develop offerings that combine the best

Truck deliveries January-October 2004

Total deliveries of trucks from the Volvo Group’s three truck companies increased 22% through October this year, compared with the year-earlier period. Deliveries from Mack rose 30%, while deliveries from Renault Trucks were up 17%. Deliveries from Volvo Trucks increased 25% during the period.“In October we delivered 19,000 trucks, which is the highest number so far. Our industrial system is working well and we are capable of meeting the strongly rising demand in a very good way”, says Volvo CEO Leif Johansson. During the past 12 months, order bookings for the Group’s truck operations were

AcandoFrontec selected as SAP consultant by Volvo IT

AcandoFrontec is one of two suppliers to sign a strategically important agreement with Volvo IT for consulting services in the SAP area. The agreement makes AcandoFrontec a long-term supplier at the strategic level, covering an entire spectrum of competencies from business development to integration and technology. Since the late 1990’s, when the Volvo group decided to acquire the SAP system, AcandoFrontec has anticipated in a number of major projects. Among them was the implementation at Volvo Aero and a project in which Volvo, with the help of the SAP system, created a new global

Skandia's nominating committee

Skandia’s 2004 Annual General Meeting resolved that the nominating committee shall consist of five members as follows. One representative for each of the four largest owners (owner-groups) who wish to participate in the committee’s work, to be appointed by the respective owners (owner-groups), and one representative of the small and medium-size shareholders, to be appointed by the Skandia Shareholders’ Association or similar. The members shall be appointed based on the ownership conditions as at 30 September. The following persons have now been appointed to serve on the nominating committee

Ponsse to acquire a majority stake in Epec Oy

PONSSE OYJ STOCK EXCHANGE BULLETIN 18 November 2004 9amPonsse to acquire a majority stake in Epec Oy Ponsse Oyj is to acquire a 91 per cent stake in Epec Oy of Seinäjoki. The selleris Veikko Rintamäki MSc (Tech), Epec Oy’s founder and chairman of the Board ofDirectors, who will retain a minority stake in the company. Founded in 1978,Epec Oy is an electronics manufacturer specialising in control systems for off-road machinery. The deal will strengthen Ponsse’s position as an advancedsupplier of information system solutions. The purchase price was not disclosed. Epec Oy specialises

AB Volvo announces share repurchase

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 Wednesday, November 17, acquired 175,000 series B shares. The shares were traded between SEK 279.50 and 282.00 with an average price of SEK 280.96.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 to exceed a total purchase amount of SEK 4,300,000,000. After the repurchase, AB Volvo is in possession of a total of 6,930,246

NCC to build new section of Bothnia Line for SEK 150 million

NCC Construction Sweden has been commissioned to construct a 12-kilometer-long railway embankment between Ava and Nordmaling, in Västerbotten County. The customer is Botniabanan AB and the order is worth approximately SEK 150 million.The railway embankment will start in the village of Ava, north of Nyåkersviken, and extend right up to Nordmaling, slightly north of Kungsvägen. The final section between Rödviken and Kungsvägen can be initiated now that the E4 Expressway has moved to its new location. Production is scheduled to commence in early January 2005 and the project will be completed

Highlights January - September 2004

- Revenue for the third quarter amounted to €10.9 million (€ 9.4 million) representing 16 percent (12 percent) revenue growth versus the corresponding period last year. Excluding acquisitions the revenue growth was 12 percent. - Revenue for the first 9 months amounted to € 30.7 million (€ 27.1 million), a 13 percent revenue growth (4 percent) versus last year. - Constant currency growth versus last year for the 9 months amounted to 18 percent, excluding acquisitions 14 percent. - The robust membership growth continued in the third quarter with 5,800 new members (4,700) and 15,400 for the

INTERIM REPORT for the period January-September 2004*)

Comparisons excluding discontinued operations THIRD QUARTER • New sales of unit linked assurance rose 13% in local currency. • Total sales rose 29% in local currency, to SEK 24.1 billion. • During the fourth quarter of 2004 a provision for restructuring costs will be made for a total amount of approximately SEK 350 million, of which approximately SEK 300 million pertains to the Swedish operation (see also p. 10). • The result before tax (according to Swedish GAAP) improved to SEK 375 million (-244). • Result and return measurements according to the embedded value method: - The result of

H. Lundbeck, Azilect® (rasagiline) recommended for approval in the EU

H. Lundbeck A/S and Teva Pharmaceutical Industries Ltd. announced today that the Committee for Medicinal Products for Human use (CHMP) of the European Medicines Agency (EMEA) has issued a positive opinion recommending approval of Azilect® (rasagiline) for the treatment of Parkinson's disease both as initial monotherapy in patients with early Parkinson’s disease (PD) and as adjunct treatment in moderate-to-advanced disease.

Componenta rectifies inaccurate information about the sale of land

Componenta Corporation Stock Exchange Release 17.11.2004 at 18.20Owing to inaccurate information that has appeared in public, we wish tostate the following facts: Componenta decided in October 2003 to close down the foundry in Alvesta,Sweden and transfer its machinery to the foundry in Karkkila. InDecember 2003 Componenta sold its 50% holding in the property companyKarkkilan Keskustakiinteistöt Oy to the town of Karkkila. The sellingprice was EUR 2.4 million. The company Karkkilan Keskustakiinteistöt Oy was not in financialdifficulties at the time of the transaction. The company

Hagströmer & Qviberg subscribes to new ReadSoft stocks, as specified in contract from 2001

ReadSoft gets an SEK 5,015,000 capital injection when Hagströmer & Qviberg Fondkommission AB subscribes to 425,000 new ReadSoft class B stocks, as specified in an issue-guarantee contract signed in 2001.In October 2001, ReadSoft AB and Hagströmer & Qviberg Fondkommission AB reached agreement regarding a stock issue that gave ReadSoft an opportunity to issues stocks and/or convertibles during a three-year period, under certain conditions. During an insecure period, the issue agreement enabled a more secure financial position for ReadSoft, although the contract never had to be executed. Among

Increased SKF portal performance worldwide through a solution provided by Cybercom

SKF improved its Web sites’ response time worldwide by an average of 300% – thanks to an integrated Akamai technology solution offered by Cybercom. The company recently signed a three-year contract with Cybercom for continued partnership. SKF is a global supplier of products, solutions, and services in rolling bearings, seals, and related businesses.SKF has customers worldwide. Consequently, its Web portal is one of its key marketing channels with more than 100 local Web sites. Speed and the portal’s 24/7 performance and availability are critical success factors. During phase 1

Mats Lundqvist appointed to manage Song Networks

Mats Lundqvist, currently acting Managing Director of Song Networks Holding AB (publ) (Song), will be appointed with immediate effect to the position of permanent Managing Director to manage Song, with TDC A/S as the new owner."Mats Lundqvist is a strong and natural choice for the position of Managing Director of Song. He has many years' experience in the sector, and as manager of Song's Swedish operation he has helped to turn around a loss-making business in just two years. We anticipate that Mats will continue to contribute to the Group's positive results trend, as well as preserving Song'

Mats Lundqvist appointed to manage Song Networks

Mats Lundqvist, currently acting Managing Director of Song Networks Holding AB (publ) (Song), will be appointed with immediate effect to the position of permanent Managing Director to manage Song, with TDC A/S as the new owner.“Mats Lundqvist is a strong and natural choice for the position of Managing Director of Song. He has many years’ experience in the sector, and as manager of Song’s Swedish operation he has helped to turn around a loss-making business in just two years. We anticipate that Mats will continue to contribute to the Group’s positive results trend, as well as preserving Song’

Axis delivers network video technology to VISICU for improved ICU Patient Care

Axis Communications today announced that VISICU Inc., a healthcare solutions company, has selected Axis video servers and audio modules to provide networked video and audio capabilities for its patented eICU® system. The installation, worth approximately USD 1.1 million, gives doctors and nurses access to real-time video and audio communications via a secure network connection.Axis video servers and audio modules enable doctors and nurses specializing in intensive care medicine to communicate with Intensive Care Unit (ICU) caregivers and patients from a remote monitoring center, called an

Telefónica Móviles launches real-time mobile gaming service with IP Sistemas on Terraplay Systems network technology

Stockholm, November 17, 2004. Telefónica Móviles launches multiplayer mobile games utilizing Terraplay Systems multiplayer mobile network technologyTelefónica Móviles the largest provider of wireless services in Spain and one of the largest operators in the world is now offering real-time and turn-based, multiplayer games based on Terraplay’s network technology. The service is available in Spain under the Moviclan brand. Through this Moviclan service, provided by IP Sistemas, Telefónica’s customers can currently access multiplayer titles on Nokia, Siemens and Motorola devices, among others.

Vattenfall to make major investment in wind energy in The Sound

Vattenfall AB is planning to build an offshore wind power park that will increase current total wind power capacity by 40 per cent.Vattenfall is in the process of acquiring all the rights required to build the Örestad Wind Power Park. The plan is to build a total of 48 wind power plants in an area seven kilometres off the coast of Skåne, south-east of the bridge over The Sound. This will be the largest wind power project in Sweden to date, and one of the first offshore projects. The total cost for the Örestad Wind Power Park is estimated at SEK 1.5 billion. “This investment will multiply

SWECO wins additional order from Billerud

SWECO’s subsidiary SWECO PIC has been awarded a contract for energy optimisation of the Billerud pulp and paper mill in Karlsborg, outside the city of Kalix in northern Sweden. The assignment is worth around 780,000 Euro.SWECO PIC will engineer all rebuilds and new constructions needed to increase the mill’s capacity for self-generation of biomass based electricity as a means for optimising energy efficiency and further improving its environmental status. The mill’s self-supply of electricity will be raised from 30 to 65 per cent of the total requirement. The assignment is scheduled for

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Nobia acquires the leading Austrian kitchen manufacturer EWE-FM

* Nobia strengthens its foothold in the Continental European kitchen market * EWE-FM's sales are around SEK 575 million and its Austrian market share is about 16 per cent * EWE-FM is the leading kitchen manufacturer in the Austrian middle to upper kitchen segment * The acquisition will be EPS positive from year one * The integration of EWE-FM into the Nobia Group is expected to provide synergies   EWE-FM is Austria's leading manufacturer of rigid kitchens in the middle to upper segment. The company supplies kitchens to kitchen studios and furniture stores.   Around

OUTOKUMPU TECHNOLOGY TO DELIVER A PELLETIZING PLANT FOR LKAB, SWEDEN

OUTOKUMPU OYJ PRESS RELEASE November 17, 2004 at 10.00 amOUTOKUMPU TECHNOLOGY TO DELIVER A PELLETIZING PLANT FOR LKAB, SWEDEN Outokumpu Technology has signed a contract with LKAB, a leadingSwedish iron ore mining company and pellet producer, to design anddeliver a new pelletizing plant for LKAB’s Malmberget project inNorthern Sweden. The contract value exceeds EUR 60 million.Outokumpu’s scope of the delivery consists of engineering,procurement, construction and commissioning of the new plant, whichwill be based on Lurgi Travelling Grate technology. The plant isdesigned to produce

NCC to build LKAB plant for SEK 500 million

NCC has been commissioned by LKAB to build a pellet-production plant in Malmberget. The order is worth approximately SEK 500 million and is for the largest partnering project to date in Sweden.The order, which includes landscaping and construction work for LKAB in Malmberget and the plant, will substantially increase the production capacity for pellets. The plant will be constructed in the Vitåfors industrial site. The assignment will comprise project design, expansion of the existing enrichment plant and construction of a new pellet plant and a new unloading station, including product

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