APPOINTMENT OF CEO

APPOINTMENT OF CEO Invik & Co. AB, today announced that the Board of Directors has appointed Anders Fällman as President and Chief Executive Officer of Invik & Co. AB with effect from 1 January 2003. Anders Fällman has been Deputy Chief Executive Officer since April 2001, and acting President and Chief Executive Officer since 13 November 2002. For further information, please visit www.invikab.se or contact: Anders Fällman, President & CEO +46 (0)8 562 000 20 Matthew Hooper, Investor & Press relations +44 (0) 20 7321 5010 Invik & Co. AB is an investment company. The Group consists of the Parent Company Invik & Co. AB and a number of operating subsidiaries. The Parent Company manages a long-term portfolio of listed company securities. The Group's subsidiaries are principally active in banking, insurance, securities broking and trading, and asset management. Invik & Co. AB shares are listed on the Stockholm Stock Exchange O list (Attract 40) under the symbols INVIKA and INVIKB. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/12/10/20040804BIT20840/wkr0001.pdf