Per Bystedt elected to Axel Johnson Board of Directors

Per Bystedt elected to Axel Johnson Board of Directors Marcus Storch new Vice Chairman At this year's Annual General Meeting of Axel Johnson AB, Vice Chairman Gösta Bystedt, 71, resigned from the Board. He is succeeded as Vice Chairman by Marcus Storch. Per Bystedt, 35, was elected as a new member of the Board. Per Bystedt is President of Spray Ventures AB. He is also Chairman of Razorfish Inc. and a member of the Board of the Axel Johnson-owned Åhléns AB. The Board of Directors of Axel Johnson AB is now made up of the following members: Antonia Ax:son Johnson, Chairman Marcus Storch, Vice Chairman Peggy Bruzelius Per Bystedt Anders G. Carlberg Nils-Erik Johansson Göran Ennerfelt, President Ulf L. Andersson (employee representative) Hans G. Johansson (employee representative) Gunnerl Tegnér (employee representative) For more information, please contact: Göran Ennerfelt, President and CEO, Axel Johnson AB, on +46-8-701 61 00 - - - - - - - - - The Axel Johnson Group consists of three legally and financially independent groups with a common owner, Antonia Ax:son Johnson and family. It is a fourth-generation family-owned company originating in the A. Johnson & Co. trading company, which was founded in 1873. Axel Johnson AB operates in food products and other consumer goods, through import, distribution and retail operations. The operations are conducted in the Nordic market, with a focus on Sweden. In total, subsidiaries and affiliated companies have sales of nearly SEK 40 billion - excluding VAT - and some 13,000 employees. Axel Johnson International AB conducts trading and distribution operations, primarily focusing on industrial products in the European market. Annual sales amount to SEK 4 billion, with 1,200 employees. Axel Johnson Inc. conducts operations in North America. The Group is active in manufacturing and trading, within the business areas Energy, Telecommunications and Environment. Annual sales amount to approximately SEK 12 billion, with 1,600 employees, primarily in the U.S. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/06/20000406BIT00210/bit0001.doc http://www.bit.se/bitonline/2000/04/06/20000406BIT00210/bit0002.pdf