Interim Report, January 1 - September 30, 1998

PRESS RELEASE Interim Report, January 1 - September 30, 1998 The value of the portfolio of listed stocks rose by 2 percent as per October 1 30, while the General Index was unchanged. Net asset value per share and CPN was SEK 155 on October 30 - an increase of 4 percent since year-end 1997. During the period under review, January - September, the value of the portfolio of listed stocks decreased by 5 percent (General Index: -4 percent). Net asset value on September 30 was SEK 144 per share and CPN. The total return for Industrivärden's Class A stock was -1 percent during the first nine months, compared with -2 percent for the Findata total return index. Through October 30 the total return was -5 percent (2 percent for the total return index). At the end of September Industrivärden acquired 4.2 million shares in Skanska for SEK 1.2 billion and thus became the company's largest shareholder in terms of voting rights. Industrivärden increased its ownership in Skanska by slightly more than SEK 800 M, net, after the sale of all shares in Drott. 1 All values per share and CPN are calculated after the year's split, whereby four new shares and CPNs were received for each old share or CPN, respectively. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/11/04/19981104BIT00080/bit0002.pdf The full report