Net asset value as per June 30, 2006

On June 30, 2006 Industrivärden’s net asset value was SEK 256 per share. The share price was SEK 202.00 for the Class A share and SEK 189.50 for the Class C share. Stockholm, July 3, 2006 AB INDUSTRIVÄRDEN (publ) AB Industrivärden (publ) Box 5403, SE-114 84 Stockholm, Sweden Phone +46-8-666 64 00, Fax +46-8-661 46 28 Internet: www.industrivarden.net E-mail: info@industrivarden.se