Decisions at Drotts's Annual General Meeting

Decisions at Drott's Annual General Meeting At today's Annual General Meeting of Drott AB (publ), it was decided, among other things: ·To pay a dividend of SEK 5.00 per share, or a total of SEK 459 million. - Record date April 29, 2002. - The dividend is expected to be paid by VPC as of May 3, 2002. ·To retire repurchased shares. -A total of 9,273,474 Class B shares will be retired (all repurchased shares excluding 550,000 shares that guarantee the company's commitment to option holders). -The retirement will decrease the share capital with SEK 18,5 million. -In order to reduce the time needed for the decrease, it was also decided that 9,273,474 new Class C shares will be issued to Handelsbanken to par value of SEK 2 each (these shares will immediately be redeemed after the new issue is registered). -The number of registered Drott shares thereafter will amount to 92,415,285. ·To authorize the Board of Directors, until the Annual General Meeting in 2003, to decide to acquire and transfer the company's own shares. -The company may own a maximum of 10 percent of the number of registered shares. -Transfers may be made in order to finance acquisitions of properties and companies. ·To reelect all Board members: Jan Blomberg, Peggy Bruzelius, Wille Laurén, Mats Mared, Göran Nord, Esbjörn Olsson and Lars Wohlin. -At the statutory Board meeting, Lars Wohlin was reelected Chairman and Jan Blomberg Deputy Chairman. -Lennart Elvelin remains the employee representative appointed by the Swedish Building Maintenance Workers' Union. - Drott AB (publ) For further information, please contact: Mats Mared, President, telephone + 46 8 545 83 010 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/04/24/20020424BIT00780/wkr0001.doc http://www.waymaker.net/bitonline/2002/04/24/20020424BIT00780/wkr0002.pdf