Press Release

PRESS RELEASE In his address to Industrivärden's Annual General Meeting on May 5, 2000, the company's CEO Clas Reuterskiöld announced that he has submitted his request to the company's board to leave his position as president and CEO at next year's annual general meeting. Reuterskiöld has served as CEO of Industrivärden since 1994. Stockholm, May 5, 2000 AB INDUSTRIVÄRDEN (publ) For further information, please contact: Clas Reuterskiöld, President and CEO, tel. +46-8-666 64 00 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/05/20000505BIT00970/bit0001.doc http://www.bit.se/bitonline/2000/05/05/20000505BIT00970/bit0002.pdf