Ericsson sells its remaining holding in Juniper Networks

Ericsson sells its remaining holding in Juniper Networks Ericsson has sold its remaining holding in Juniper Networks. The transaction will give a capital gain of about 5.5 billion SEK in the first quarter 2001. This capital gain was not included in our revised earnings estimate as of March 12, 2001. Ericsson continues to work closely with Juniper Networks in offering carrier-class IP infrastructure products to the market. Ericsson is the leading communications supplier, combining innovation in mobility and Internet in creating the new era of mobile Internet. Ericsson provides total solutions covering everything from systems and applications to mobile phones and other communications tools. With presence in 140 countries, Ericsson simplifies communications for customers all over the world. Read more at http://www.ericsson.com/press FOR FURTHER INFORMATION, PLEASE CONTACT Pia Gideon, Vice President, External Relations +46 8 719 2864, E-mail: pia.gideon@lme.ericsson.se Rolf Eriksson, Vice President, Strategic Alliances +46 8 719 2029, E-mail: rolf.eriksson@lme.ericsson.se