Annual General Meeting of shareholders in Hufvudstaden

Annual General Meeting of shareholders in Hufvudstaden Hufvudstaden held its Annual General Meeting today in the Stockholm Museum of Modern Art. The Meeting adopted the Board of Directors' proposal of a dividend of SEK 0.80 per share. The record date is March 29, 1999 and the estimated date of dividend payment is April 7, 1999. Fredrik Lundberg, Claes Boustedt, Bo Ingemarson, Lars Lundquist, Curt G. Olsson and Bo Waldemarson were reelected to the Board of Directors and Mats Jansson and Ivo Stopner (new President) were elected as new members. At the subsequent statutory meeting of the Board, Fredrik Lundberg was reelected as Chairman. Stockholm, March 24, 1999 Hufvudstaden AB (publ) Ivo Stopner President If any questions, please contact Ivo Stopner, telephone +46 8 762 90 00. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/1999/03/24/20000901BIT00630/bit0001.doc http://www.bit.se/bitonline/1999/03/24/20000901BIT00630/bit0002.pdf