Net asset value as per November 30, 2008

Industrivärden's net asset value per share was SEK 60 as per November 30, 2008.

The closing price on November 30, 2008, was SEK 50.00 for Industrivärden Class A shares and SEK 44.60 for the Class C shares.


Stockholm, December 1, 2008
AB INDUSTRIVÄRDEN (publ)

For further information, please contact:
Carl-Olof By, Executive Vice President, tel. +46-8-666 64 00


Long-term industrial developer of listed Nordic companies
Industrivärden is one of the Nordic region's leading holding companies, with ownership in a concentrated selection of listed Nordic companies with good development potential. The goal is to generate high growth in net asset value over time.


Submitted for publication at 09:00 a.m. on December 1, 2008.