Interim report, January 1 - September 30, 1999

Interim Report January 1 - September 30, 1999 Growth in value of the portfolio of listed stocks for the nine months ended September 30, was 27 percent (General Index: 18 percent). Through November 1 the listed portfolio increased in value by 41 percent, while the General Index increased by 28 percent. Net asset value on September 30, 1999, was SEK 206 per share and CPN. On November 1 net asset value was SEK 226 per share and CPN. The total return for Industrivärden's stock during the period January - September was 28 percent, compared with 21 percent for the Findata total return index. Through November 1 the total return was 44 percent (31 percent for the total return index). In August the entire shareholding in AGA (12 percent of the capital and 20 percent of the votes) was sold to the German company Linde AG for SEK 3.6 billion, with a capital gain of SEK 3.0 billion. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/11/04/19991104BIT00190/bit0001.doc The full report http://www.bit.se/bitonline/1999/11/04/19991104BIT00190/bit0002.pdf The full report