Annual General Meeting of shareholders in Hufvudstaden AB (publ)

The shareholders in Hufvudstaden AB (publ) are hereby called to the Annual General Meeting to be held on Tuesday, March 21, 2000 at 5:00 p.m. in the World Trade Center in Stockholm. Agenda Proposed agenda Opening of the Meeting. Election of the Chairman of the Meeting. Preparation and approval of voting register. Appointment of minutes-checkers and vote counters. Approval of the agenda. Determination of whether the Meeting has been duly convened. President's address. Presentation of the Annual Report and the Audit Report for the Group and the Parent Company. Adoption of the Parent Company and consolidated income statements and balance sheets presented in the Annual Report. Approval of the distribution of the year's profit or loss in accordance with the adopted balance sheet. Approval of the discharge of the members of the Board of Directors and of the President from personal liability for the fiscal year. Determination of the number of the Board members and auditors, and approval of their terms of office. Determination of Board members' and auditors' fee. Chairman's report on proposed Board members' commitments to other companies and election of Board members for terms extending through the close of the next Annual General Meeting. Election of auditors. Proposal by the Board of Directors to reduce the Premium fund by the amount of SEK 943,262,753 and the Legal reserve by the amount of SEK 246,917,404 for transfer to a reserve called the Unrestricted reserves to be used in accordance with decisions by the Annual General Meeting. The reason for the proposal is that restricted equity in the company is considered too high in relation to unrestricted equity, and a transfer to unrestricted reserves would increase the company's freedom of action in the future. Closing of the Meeting. Proposed distribution of earnings The Board of Directors proposes a dividend of SEK 0.85 per share, with a proposed record date of March 24, 2000. If the Annual General Meeting approves the proposal, the dividend is expected to be issued through the Swedish Securities Register Center (VPC) on March 29, 2000. Registration Shareholders who wish to participate in the Annual General Meeting shall: be registered in the share register maintained by the Swedish Securities Register Center (VPC) by March 10, 2000, whereby shareholders who have had their holdings nominee registered must temporarily re-register the shares with VPC in their own name not later than March 10, 2000, to be eligible to participate in the Meeting. forward notice of their intention to participate to: Hufvudstaden AB (publ), NK 100, SE-111 17 Stockholm, Sweden, or by telephone, at +46-8-762 90 00, or by fax, at +46-8-762 90 01, or by e-mail, amn@hufvudstaden.se, not later than March 15, 2000 at 4:00 p.m. When registering, shareholders must state their name, personal or organization number, daytime telephone number and eventual nominees. The Annual Report, including the Audit Report will be available from the Company as of March 6, 2000. Stockholm, February 2000 Board of Directors, HUFVUDSTADEN AB (publ) If any questions, please contact: Ivo Stopner, President, telephone +46 8 762 90 00. Clas Hjorth, Head of Accounting and Finance, 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/1999/02/17/20000905BIT00410/bit0001.doc http://www.bit.se/bitonline/1999/02/17/20000905BIT00410/bit0002.pdf