Ericsson appoints Cheif Financial Officer

Ericsson appoints Chief Financial Officer Ericsson today confirmed Sten Fornell in his position as Executive Vice President and Chief Financial Officer of the company. Sten Fornell was appointed acting CFO on September 10, 1999. Sten Fornell joined Ericsson in 1982 and has most recently been controller at business segment Network Operators and Service Providers. The function as Chief Financial Officer will be relocated to Ericsson's corporate office in London. Sten Fornell will move there shortly. Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over. Please visit Ericsson's Press Room at: http://www.ericsson.se/pressroom FOR FURTHER INFORMATION, PLEASE CONTACT Lars A. Stålberg, Senior Vice President, Corporate Communications Phone: +46 8 719 3162, +46 70 555 6066 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/17/19991217BIT00040/bit0001.doc http://www.bit.se/bitonline/1999/12/17/19991217BIT00040/bit0002.pdf