Corrected press release: DISCLOSURE NOTICE regarding SCA

Industrivärden has called for the conversion of 982,000 Class A shares in SCA to a corresponding number of Class B shares. The conversion reduces Industrivärden’s share of votes in SCA from 29.5% to 28.5%. Following the completed conversion, Industrivärden’s holding in SCA is shown in the table below: Holding Number Capital (%) Votes (%) SCA A: 16,000,000 6.8 27.1 SCA B*: 8,103,860 3.5 1.4 SCA A and B: 24,103,860 10.3 28.5 *Including net 600,000 issued OTC put options. Stockholm, Sweden, August 31, 2005 AB INDUSTRIVÄRDEN (publ) For further information, please contact: Carl-Olof By, Executive Vice President and CFO, tel. +46-8-666 64 00