Positive value growth but situation difficult to assess

Första AP-fonden's net investment income for the first half of 2011 was SEK 3.0 billion after expenses, which is equal to a return of 1.4 per cent.

Contact: Johan Magnusson Managing Director Tel: +46 8 566 20 200 Ossian Ekdahl Head of Communications and ESG + 46 8 566 20 209 (office) + 46 709 681 209 (mobile) e-mail: ossian.ekdahl@ap1.se

Första AP-fonden is one of five buffer funds whose role is to ensure future retirement pensions in the Swedish income pension system. As a long-term investor, Första AP-fonden's mission is to achieve high and even value growth and thereby contribute to long-term security and confidence in the income pension system. At 30 June 2011, Första AP-fonden had net assets under management of SEK 221.6 billion.