Annual General Meeting of shareholders in Hufvudstaden AB (publ)

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 Wednesday, March 24, 1999 at 5:00 p.m. in the auditorium of the Museum of Modern Art on the island of Skeppsholmen in Stockholm. Proposed agenda of the Meeting Election of Opening 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. Adoption of the Board proposal for changes to the Articles of Association 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 Closing of the Meeting Proposed distribution of earnings The Board of Directors proposes a dividend of SEK 0.80 per share, with a proposed settlement date of March 29, 1999. If the Annual General Meeting approves the proposal, the dividend is expected to be issued through the Swedish Securities Registry (VPC) on April 7, 1999. Proposed changes to the Articles of Association The Board proposes that the Annual General Meeting vote on the following change in the wording of the Articles of Association: public notice to attend the Annual General Meeting and any special meetings of shareholders called to discuss such questions as changes in the Articles of Association shall be announced not earlier than six weeks and not later than four weeks prior to the Meeting; that notices of other special meetings shall be announced not earlier than six weeks and not later than two weeks prior to such meetings; and that such announcements shall be sent through the mail and advertised in the Swedish Official Gazette, Dagens Nyheter or other newspaper distributed nationwide; the day named in the announcement as the last day for registration to participate in the Annual General Meeting may not be earlier than the fifth weekday prior to the Meeting; is hareholders may bring assistants to the Annual General Meeting only if the shareholder registers the number of assistants prior to the date given in the announcement; unless the Annual General Meeting votes in favor of secret ballot elections, elections shall be held openly, and if any voting not pertaining to an election should result in equal number of votes for and against, the Chairman need not disclose which position he supports; to the list of matters to be dealt with by the Annual General Meeting, add points related to the approval of the agenda and information on commitments of candidates for the Board to other companies; delete auditors' term of office. istration reholders 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 12, 1999, 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 12, 1999, 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 anm@hufvudstaden.se not later than March 19, 1999 at 4:00 p.m. The Annual Report including the Audit Report, as well as the complete Board of Directors proposal regarding changes to the Articles of Association, will be available from the Company as of March 10, 1999. Stockholm, March 3, 1999 Board of Directors, Hufvudstaden AB (publ) If any questions, please contact Tomas Billing, president, 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/1999/03/03/20000904BIT00790/bit0001.doc http://www.bit.se/bitonline/1999/03/03/20000904BIT00790/bit0002.pdf