Teleconference

Teleconference We are pleased to invite you to a conference call Tuesday, May 21, 2002, 14.00, Stockholm Time to review If P&C Insurance's Q1 Report Announcement. Torbjörn Magnusson, Chief Executive Officer, will represent If. Prepared remarks will take approximately 20 minutes and will be followed by a question-and-answer session. The presentation will be published on If's IR web site, www.if- insurance.com. The agenda for the call will be as follows (Stockholm Time): 13.50 Call +44 (0)20 8240 8240 and request to be connected to the If teleconference 14.00 Review Q1 results 14.20 Questions & Answers 14.40 If teleconference call close In case you are not able to join the teleconference you can listen to the recorded version; +44 (0)20 8288 4459, access code: 612332. The recorded version will be available until May 28, 2002. Best regards, Elisabeth Wisén Helena Dyrssen Investor Relations Corp. Communication Copenhagen Helsinki Oslo Stockholm For more information, please contact Media: Helena Dyrssen Tel:+46 8 788 2335 Mobile: +46 705 292 335 Investor relations: Elisabeth Wisén Tel: + 46 8 788 24 28 Mobile: +46 8388 24 28 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/15/20020515BIT01540/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/15/20020515BIT01540/wkr0002.pdf