Decisions taken at Drott's Annual General Meeting

Decisions taken at Drott's Annual General Meeting At today's Annual General Meeting of Drott AB (publ), the resolutions passed included the following: * dividend of SEK 3.00 per share * cancellation of 12,166,209 Drott shares * issue of convertible debentures to all Drott employees in Sweden * election of Peggy Bruzelius and Wille Laurén to the Drott Board. The record date for the payment of dividends is April 16, 1999 (estimated date of payment by VPC: April 23). The share capital is to be reduced by slightly more than SEK 24 million through the cancellation of the Drott shares own by the Drott Group (8,358,653 Series A shares and 3,807,556 Series B shares). The corresponding amount will be transferred to legal reserves. Lars Wohlin, Jan Blomberg, Mats Mared, Göran Nord and Esbjörn Olsson were re- elected to the Board and Peggy Bruzelius and Wille Laurén were newly elected to the Board (Lars Sköld declined re-election due to his activities as an independent consultant). At the statutory Board meeting following the Annual General Meeting, Lars Wohlin was appointed Chairman of the Board and Jan Blomberg Deputy Chairman of the Board. Anders Scherman and Bernhard Öhrn were re-elected auditors of the company and George Pettersson and Anders Wiger were re-elected deputy auditors of the company. Drott AB (publ) For further information, please contact: Mats Mared, President (Tel: +46-8-545 830 10). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/04/14/19990414BIT00120/bit0001.doc http://www.bit.se/bitonline/1999/04/14/19990414BIT00120/bit0002.pdf