Bures divestment of its holding in Mölnlycke Health Care completed

Bure has yesterday, after receiving all approvals from competition authorities, completed its divestment of its holding in Mölnlycke Health Care. Bure has received an amount of approximately SEK 520 M (whereof SEK 13 M in escrow) and an exit gain of around SEK 350 M.

Bure’s original investment in Mölnlycke Health Care was made in 1998 together with Nordic Capital and other institutional investors. Since then, Bure has made follow-on investments in 2001 in connection with Mölnlycke’s acquisition of Barrier Brand. Bure’s holding prior to the sale is approximately 7.5 per cent. “The sale of Mölnlycke will enable us to meet our most important goal – a debt-free Bure. Bure will now amortize all outstanding loans in the parent company. We have now begun a new chapter in which our increased freedom of action will also provide scope for new business opportunities,” says Mikael Nachemson, President of Bure. Gothenburg, July 1, 2005 Bure Equity AB (publ) For additional information contact: Mikael Nachemson, President +46 (0)31-708 64 20 Anders Mörck, CFO +46 (0)706-46 52 11