Publication of Industrivärden’s 2004 Annual Report

Industrivärden’s 2004 Annual Report is available starting today on the company’s web-site, www.industrivarden.se (Swedish version) and www.industrivarden.net (English ver-sion). Printed annual reports will be distributed to shareholders and other interested par-ties who have requested copies during the week of March 21. Stockholm, Sweden, March 18, 2005 AB INDUSTRIVÄRDEN (publ) For further information, please contact: Sverker Sivall, head of Investor Relations, tel. +46-8-666 64 19