DISCLOSURE NOTICE regarding Handelsbanken and Sandvik

Industrivärden has acquired another 8,794,000 Handelsbanken A. Industrivärden’s total holding thus amounts to 65,503,800 Handelsbanken A, corre-sponding to 10.0% of the votes and 9.5% of the capital in the company. Industrivärden has acquired another 2,821,000 Sandvik. Industrivärden’s total holding thus amounts to 26,355,600 Sandvik, corresponding to 10.0% of the votes and capital in the company. Stockholm, Sweden, September 6, 2004 AB INDUSTRIVÄRDEN (publ) For further questions, please contact: CEO, Anders Nyrén, Industrivärden, phone +46-8-666 64 00.