DISCLOSURE NOTICE regarding SCA

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Industrivärden has acquired another 1,918,400 SCA B and sold 600,000 SCA B put op-tions “over the counter”. Industrivärden’s total holding thus amounts to 16,982,000 SCA A and 6,566,060 SCA B, including the 600,000 put options, corresponding to 29.5% of the votes and 10.0% of the capital in the company. Stockholm, Sweden, June 16, 2005 AB INDUSTRIVÄRDEN (publ) For further questions, please contact: Executive Vice President, Carl-Olof By, Industrivärden, phone +46-8-666 64 00.

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