Lagercrantz Group AB Annual Meeting 23 August 2006

Among the resolutions passed at the Lagercrantz Group AB Annual Meeting were the following: Dividend A dividend of SEK 1.00 was ratified in accordance with the proposal of the Board of Directors. Discharge from liability for the members of the Board of Directors and the President The Annual Meeting granted discharge from liability to the Board of Directors and the President for their management during 2005/2006. Board of Directors The Annual Meeting passed a resolution in accordance with the proposal of the Election Committee. The following directors were re-elected: Pirkko Alitalo Anders Börjesson Tom Hedelius Lennart Sjölund Jörgen Wigh, CEO and President of Lagercrantz Group, was elected as Director. Anders Börjesson was re-elected by the Annual Meeting as Chairman. Tom Hedelius was elected to serve as Vice Chairman at the ensuing statutory meeting of the Board of Directors. Election Committee The Annual Meeting passed a resolution in accordance with the proposal of the year’s election committee to authorise the Chairman of the Board of Directors to contact the largest shareholders by vote as of 31 December 2006, requesting them to appoint members to serve as Election Committee together with the Chairman of the Board of Directors. Amendment of the Articles of Association The Annual Meeting passed a resolution in accordance with the proposal of the Board of Directors, which entails an adaptation of the Articles of Association to the new Swedish Companies Act. Principles for compensation to the Company’s management The Annual Meeting passed a resolution in accordance with the proposal of the Board of Directors for principles on compensation and other terms of employment for the Company’s management. Issuance of options for repurchased shares and transfer of repurchased shares to members of senior management The Annual Meeting passed a resolution in accordance with the proposal of the Board of Directors for guidelines for a three-year recurring programme according to which members of senior management acquire options to purchase repurchased shares at market value. The number of options issued under the programme may not exceed 3 percent of the total number of shares outstanding. In conjunction with the 2006 Annual Meeting it was also resolved to issue up to 255,000 options to acquire an equivalent number of shares during the period 20 September 2009 until 20 December 2009, inclusive. The premium for the options shall be at market value, based on, inter alia, the average share price during the measuring period from 31 August 2006 until 13 September 2006, inclusive. The redemption price will be set as 125 percent of the average market price of the share during the same measuring period. The program will cover up to 35 persons. As an incentive for participation in the programme, a subsidy will be paid after two years equivalent to the premium paid, on the condition that the option holder still is employed by the Group and and owns options. The costs for the program (2006 awards) are estimated to be approximately MSEK 1.0. The Annual Meeting also passed a resolution in accordance with the proposal of the Board of Directors, that the Company, in a departure from the preferential rights of shareholders, transfers up to 255,000 of the Company’s repurchased shares to the option holders in connection with any request to exercise the options. Repurchase and transfer of shares held in treasury The Annual Meeting passed a resolution in accordance with the proposal of the Board of Directors to authorise the Board of Directors to acquire and sell shares in the Company, on one or more occasions, during the period ending with the next following regularly scheduled meeting of shareholders. Purchases shall be made via Stockholmsbörsen (the Stockholm Stock Exchange) at the market price prevailing at the time of purchase. The purchase of own shares is limited by the stipulation that the Company’s total holding of shares in treasury may never exceed 10 percent of the total number of shares outstanding in the Company. Selling of shares held in treasury shall be permitted with or without preferential right for shareholders, but not via Stockholmsbörsen. Sales may be made to finance the acquisition of companies or businesses. Stockholm, 23 August 2006 Lagercrantz Group AB (publ) Board of Directors For further information, contact: Jörgen Wigh, President & CEO, Lagercrantz Group AB, telephone +46 8 700 66 70 Niklas Enmark, CFO, Lagercrantz Group AB, telephone +46 8 700 66 70