Interim Report January 1-March 31, 2000

Interim Report January 1 - March 31, 2000 The value of the portfolio of listed stocks rose by 20 percent during the first three months of the year, compared with 14 percent for the General Index. Through May 2 the value of the portfolio increased by 26 percent, while the General Index increased by 18 percent. Net asset value was SEK 355 per share and CPN on March 31, and SEK 374 per share and CPN on May 2, entailing an increase of 26 percent from the beginning of the year through May 2. During the first quarter, investments totaling approximately SEK 1 billion respectively were made in the pharmaceuticals and financial services sectors. On March 31 the market value of investments in these sectors accounted for 24 percent of the listed portfolio, compared with 20 percent at the start of the year. Consolidated earnings after financial items totaled SEK 347 M (125) for the first quarter, including SEK 273 M (110) in capital gains on sales of stocks. Industrivärden's stock increased by 26 percent from the start of the year through May 2, compared with an increase of 18 percent for the General Index. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/05/20000505BIT00290/bit0001.doc The full report http://www.bit.se/bitonline/2000/05/05/20000505BIT00290/bit0002.pdf The full report