Statutory Board of Directors meeting in Lagercrantz Group AB 24 August 2005

Chairman, Vice Chairman and President

At the Statutory Board of Directors meeting following the General Meeting, Anders Börjesson was re-elected as Chairman and Tom Hedelius was re-elected as Vice Chairman. Per Ikov was appointed to continue to serve as President & Chief Executive Officer. Stockholm, 24 August 2005 Lagercrantz Group AB (publ) Board of Directors For further information, contact: Per Ikov, President & Chief Executive Officer, Lagercrantz Group AB, telephone +46 8 700 66 70