Broström sells travel agency to VIA Travel

Broström has come to an agreement to sell its travel agency Broströms Resebyrå AB to VIA Travel, the market leading travel agency in Scandinavia. VIA Travel is the largest travel agency in Scandinavia with a total turnover of more than SEK 10 billion. Through the acquisition of Broströms Resebyrå, VIA Travel becomes the fourth largest business travel agency in Sweden with a total turnover of SEK 900 million, 6 offices and more than 100 employees. “Broströms Resebyrå has been a VIA partner for several years. With this acquisition we will integrate our businesses and fully leverage VIA’s market leading position, thereby enabling better service and more value to our customers,” says Göran Eriksson, CEO of VIA Travel Sweden. Broströms Resebyrå is focused on business and marine travel with a turnover of about SEK 275 million and 47 employees. With Broström’s gradually increased focus on its product tanker shipping activities a sale of the travel agency gives improved opportunities for this part of the operation to further develop. “The sale of the travel agency ends the restructuring of Broström’s business area Marine & Logistics Services, which hereafter contains a network of ship agencies in a large number of ports in Sweden,” says Anders Dreijer, Deputy Managing Director of Broström AB. Broströms Resebyrå will change name to VIA Travel as of 1 July, 2006. The sale gives Broström a book profit of approximately SEK 11 million and a cash surplus of about SEK 17 million. Contact information VIA Travel AB: Mats-Ola Carlsson, CFO Tel: + 46 705 734764 Contact information Broström AB: Anders Dreijer, Deputy MD Tel: +46 31 61 61 00 Göteborg, 4 May 2006 BROSTRÖM AB (publ) More information about Broström can be found on www.brostrom.se