BTL applies for delisting from Stockholm and Copenhagen exchanges

BTL applies for delisting from Stockholm and Copenhagen stock exchanges Stinnes AG, which on 1 February 1999 made a public offer to acquire all the remaining shares in BTL AB, holds as of today more than 95 per cent of the capital and controls over 97 per cent of the votes in BTL AB. The board of BTL AB have therefore decided to request that the Company's shares be delisted from the stock exchanges in Stockholm and Copenhagen with effect from 3 May 1999. The final day for trading in BTL shares on the Stockholm and Copenhagen stock exchanges will thus be 30 April 1999. ./. BTL AB (publ) Corporate Communications For further information, please contact Håkan Larsson, BTL Managing Director and Group Chief Executive, tel +46 31 703 80 10. The BTL Group is the largest transport and logistics group in Scandinavia and one of the largest in Europe. Extensive sea and air transport operations are carried on through the wholly-owned Wilson companies in Europe, Asia, Australia, New Zealand and the USA. The Group has approximately 11,000 employees and with net sales of approximately SEK 19 billion. Together with the German transport group Schenker, BTL has established Europe's leading land transport network under the Schenker-BTL name. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/04/20/19990420BIT00800/bit0001.doc http://www.bit.se/bitonline/1999/04/20/19990420BIT00800/bit0002.pdf