Interim report AB Custos January 1 - September 30, 1999

INTERIM REPORT ON THE OPERATIONS OF AB CUSTOS FOR THE PERIOD JANUARY 1 - SEPTEMBER 30, 1999 @ Total return on Custos shares during the period was 34.1 percent for Series A shares and 33.1 percent for Series B shares. The Findata Yield Index rose by 20.9 percent during the same period. * Custos' investments during the period amounted to SEK 2.2 billion, equivalent to 43 percent of the market value of its securities portfolio at the beginning of the year. This has included investments in the information technology company Acando, the auto distributor Bilia, the British third-party logistics company Christian Salvesen Plc, the Norwegian office materials company C. Tybring-Gjedde ASA, Custos (synthetic buy-backs), the investment company Industrivärden and the chemicals group Perstorp. * Custos carried out divestments totaling SEK 1.6 billion, including the sale of its entire holding in the transport and logistics company ASG. * As of October 28, 1999, Custos had carried out synthetic buy-backs of its own shares equivalent to 6.6 percent of share capital and 5.8 percent of voting rights. * After the close of the report period, Custos divested its entire holding in the Finnish electronics company Aspocomp Group. Total return Total return on Custos shares @ taking into account share price appreciation, dividend paid and redemption of shares @ was 34.1 percent for Series A shares and 33.1 percent for Series B shares. The return was thus higher than the gain in the Findata Yield Index, which was 20.9 percent. Return was also higher than the cost of shareholders' equity, which amounted to 5.5 percent during the period. Total return on Custos shares up to October 28, 1999 was 34.8 percent for Series A shares and 32.7 percent for Series B shares, compared to 28.7 percent for the Findata Yield Index. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/29/19991029BIT00270/bit0001.pdf Full Report http://www.bit.se/bitonline/1999/10/29/19991029BIT00270/bit0002.doc Full Report