Observer’s Annual Report available on www.observergroup.com

Observer’s Annual Report for 2004 is available on the Group web site www.observergroup.com from today, April 12, 2005. Observer’s Annual General Meeting will be held at 5:00 p.m. (CEST) on April 28, 2005, at Näringslivets hus, Storgatan 19, Stockholm. Observer AB (publ) For further information, please contact: Ulrika Nyberg, telephone: +46 8 507 417 28, e-mail: ulrika.nyberg@observergroup.com Alexandra Gershagen, telefone: +46 8 507 410 13 e-mail: alexandra.gershagen@observergroup.com