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Interim report January 1 - September 30, 2000

Tue, Oct 31, 2000 00:11 CET

Interim report January 1 - September 30, 2000 Summary of Results - Share Issue - Stena AB Group announces public offer for Stena Line shares and Senior Notes The improvement of the income before income taxes in the third quarter 2000 in comparison to 1999 was SEK 92 million. This improvement is below management's expectations. The main reasons for the shortfall are weak passenger and car markets around the UK, larger than expected reduction in sales due to the abolition of tax and duty free sales and the escalating costs for fuel. These factors are not likely to improve within the near

Stena AB offers SEK 8 in cash per Stena Line share and Stena International BV offers to purchase 10 5/8% Notes of Stena

Mon, Oct 30, 2000 23:41 CET

Stena AB offers SEK 8 in cash per Stena Line share and Stena International BV offers to purchase 10 5/8% Notes of Stena Line Summary As a result of the abolition of the tax-free retail sale within EU effective July 1, 1999, escalating fuel prices and decreasing passenger and car transportation volumes, Stena Line AB ("Stena Line") has reported large losses in recent years and, as a result, its financial position is now very weak. Stena AB ("Stena") estimates that the losses will continue during the years immediately ahead and believes that comprehensive restructuring measures are required