Cevian Capital owns 3.0% of the shares in Skandia Försäkrings AB (publ)

Cevian Capital Limited La Motte Chambers St. Helier Jersey Channel Islands JE1 1BJ Telephone +44 (0)1534 602000 Direct Telephone +44 (0)1534 602 509 Direct Facsimile +44 (0)1534 602 433 Email denzil.boschat@abacusglobal.com PRESS RELEASE Cevian Capital owns 3.0% of the shares in Skandia Försäkrings AB (publ) Please be advised that Cevian Capital has acquired 30,720,000 shares in Skandia Försäkrings AB (publ) representing 3.0% of the capital and votes in the company. For further information please contact Lars Förberg or Christer Gardell (Tel +46 8 545 675 50) Yours faithfully Keith Mallet Director 14 December 2004