Executive Vice President Lennart Engström leaving Industrivärden

Executive Vice President Lennart Engström leaving Industrivärden Lennart Engström has decided to leave Industrivärden, with effect on April 1, 2002, where he has been head of Portfolio Management and Research since 1996. "Lennart Engström has very commendably built up a professional department for high-quality research and management - a unit that works superbly to this day. In connection with our current work on reviewing our strategy and thus our way of working, Lennart has chosen to seek new challenges," comments Anders Nyrén, President and CEO of Industrivärden. Stockholm, Sweden, February 11, 2002 AB INDUSTRIVÄRDEN (publ) For further information, please contact: Anders Nyrén, President and CEO, Industrivärden, tel. +46-8-666 64 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/02/11/20020211BIT00510/bit0001.doc http://www.waymaker.net/bitonline/2002/02/11/20020211BIT00510/bit0001.pdf