Election of Board members at AXIS´ Annual General Meeting

Annual General Meeting of AXIS AKTIEBOLAG (publ) on April 25, 2002

Election of Board members etc. Shareholders, who represent approximately sixty percent of the total number of votes of the company, have reported to the company that they propose the number of Board members to be seven and no deputy members of the board, re-election of the Board members Mikael Karlsson, Dag Tigerschiöld, Martin Gren, Jan Wabréus, Nils Rydbeck, Östen Mäkitalo and Patrik Tigerschiöld and the remuneration to the Board of Directors to be unchanged, amounting to 500,000 SEK in total, to be distributed by the Board of Directors among those of its members who are not employed by the company. Lund on April 11, 2002 AXIS AKTIEBOLAG (publ) For further information, please contact: Anne Rhenman, Director, Investor Relations & Corporate Communications, Axis Communications Phone: + 46 708-90 18 29, E-mail: anne.rhenman@axis.com