Financial calendar

Investment AB Kinnevik (“Kinnevik”) today announced the following preliminary dates for the release of its quarterly results statements and the Annual General Meeting in 2005: Q4 2004 and Full Year Report 17 February 2005 Q1 Interim Report 26 April 2005 Q2 Interim Report 26 July 2005 Q3 Interim Report 25 October 2005 Annual General Meeting (Stockholm) 12 May 2005 For further information, please visit www.kinnevik.se or contact: Vigo Carlund, President & CEO +46 (0) 8 562 000 00 Henrik Persson, Investor Relations +46 (0) 8 562 000 87 +46 (0) 707 62 00 87 Investment AB Kinnevik is an investment company. The Company’s objective is to increase shareholder value, primarily through net asset value growth. The Group consists of the Parent Company Investment AB Kinnevik and a number of operating subsidiaries. The Parent Company manages a portfolio of long-term investments in a number of listed companies such as Tele2, Modern Times Group MTG, Millicom International Cellular, Metro International and Transcom WorldWide. Kinnevik plays an active role on the Boards of its subsidiaries and associated companies. The Group’s subsidiaries are principally active in farming through Mellersta Sveriges Lantbruk, cartonboard and paper production through Korsnäs, and banking, insurance, securities broking and trading, and asset management through Invik & Co. Kinnevik’s ‘A’ and ‘B’ shares are traded on the Stockholmsbörsen ‘O- list’ with the ticker codes ‘KINVA’ and ‘KINVB’.