Interim Report, January 1-March 31, 2003

Interim Report January 1 - March 31, 2003 · During the first four months of the year the total return for Industrivärden's stock was 7%, compared with 7% for the Total Return Index. During the last ten-year period the average annual total return was 4 percentage points higher than the Total Return Index. · Net asset value was SEK 129 per share as per April 30, compared with SEK 126 per share at the start of the year. On March 31 the net asset value was SEK 119 per share. Average annual growth in net asset value over the last ten-year period has been 10%. · Since December 2002, 11% of the shares in the humidity control company Munters have been acquired for SEK 490 M. For further information, please contact: Anders Nyrén, CEO, +46-8-666 64 00 Carl-Olof By, Vice President and CFO, +46-8-666 64 00 Sverker Sivall, IR, +46-8-666 64 19 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/05/05/20030505BIT00130/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/05/05/20030505BIT00130/wkr0002.pdf The full report