Veli Kalle Tavakka continues in If

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Veli Kalle Tavakka continues in If -We are delighted to announce that Veli Kalle Tavakka will continue his work as Head of Business Area Industrial Risk Solutions within If. Veli Kalle Tavakka has today decided to resign as CEO of Pohjola non-life, says Bo Ingemarson, President and CEO of If P&C Insurance. -Tavakkas decision is extraordinarily positive since it secures the continuity of If's pan-Nordic strategy, concludes Bo Ingemarson. Copenhagen Helsinki Oslo Stockholm For more information, please contact Media: Helena Dyrssen Tel:+46 8 788 2335 Mobile:+46 70 529 2335 Investor relations: Susanna Halse Tel: + 46 8 788 24 28 Fax: +46 8 788 37 25 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/18/20000518BIT00630/bit0001.doc http://www.bit.se/bitonline/2000/05/18/20000518BIT00630/bit0002.pdf