Interim Report January - June 2003

Interim Report January - June 2003 Investor's net asset value on June 30, 2003 amounted to SEK 68,701 m. (SEK 90 per share), compared with SEK 62,869 m. (SEK 82 per share) on December 31, 2002, an increase of 9 percent. The value of Investor's total assets was SEK 87,754 m. on June 30, 2003, as against SEK 79,227 m. at year-end 2002. Net debt amounted to SEK 19,053 m. on June 30, 2003 (SEK 16,358 m. on December 31, 2002), corresponding to 22 percent of total assets (21). The value of Investor's Core Holdings increased SEK 7,952 m. during the first six months of the year. All core holdings contributed positively to the change in value, of which Ericsson, AstraZeneca and SEB accounted for the most substantial part: SEK 1,806 m., SEK 1,603 m. and SEK 1,257 m., respectively. The value of New Investments decreased SEK 402 m. during the period. Investments totaled SEK 1,106 m. and shares were sold for SEK 1,275 m. The total return on Investor shares was 20 percent in the first six months of 2003, compared with -26 percent in the corresponding period of 2002. In the second quarter, the total return was 28 percent. For information: Lars Wedenborn, Chief Financial Officer: +46 8 614 2141, +46 70 624 2141 lars.wedenborn@investorab.com Fredrik Lindgren, Vice President, Corporate Communications: +46 8 614 2031, +46 70 624 2031 fredrik.lindgren@investorab.com Investor Relations Group, +46 8 614 2800 ir@investorab.com This interim report has not been subject to specific review by the Company's auditors. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/07/10/20030710BIT00030/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/07/10/20030710BIT00030/wkr0002.pdf The full report