Statutory Board of Directors Meeting in Lagercrantz Group AB

Statutory Board of Directors Meeting in Lagercrantz Group AB Chairman, Vice Chairman and President Anders Börjesson was re-elected to the post of Chairman. Tom Hedelius was elected to the post of Vice Chairman. Jan Friis was appointed to continue as President and Chief Executive Officer. Nomination Committee The nomination committee for election of directors consists of Anders Börjesson and Tom Hedelius, who in consultation with a representative for major shareholders make proposals to the general meeting of shareholders. Stockholm, August 21, 2002 Lagercrantz Group AB (publ) Styrelsen For further information, contact: Jan Friis, President & CEO, Lagercrantz Group AB or Per Ikov, Executive Vice President, Lagercrantz Group AB Telephone +46-8-700 66 70 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/21/20020821BIT01430/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/21/20020821BIT01430/wkr0002.pdf