News release from the Annual General Meeting of AB Lindex

The Annual General Meeting of AB Lindex held on 7 December 2004 approved the Board of Directors’ proposal to pay the shareholders a dividend of SEK 15.00 per share. 10 December 2004 was set as the record day for the right to receive a dividend. The dividend will be remitted by VPC on 15 December 2004. Christer Gardell, Conny Karlsson, Bengt Larsson and Lars Otterbeck were re-elected as Board Members. Kicki Olivensjö, Nora Förisdal Larssen and Lars Förberg were elected as Board Members. Kicki Olivensjö (b.1958) is a fashion and textiles consultant. She is a board member of Idinge&olivensjö AB. Nora Förisdal Larssen (b.1965) has previously been a partner at McKinsey&Company’s office in Stockholm and has led McKinsey’s activities within retail trading and consumer goods in Scandinavia. She has no other board assignments. Lars Förberg (b.1965) is a partner of Cevian Capital. He is also a board member of Intrum Justitia AB. Birgitta Johansson-Hedberg and Gerhard De Geer did not stand for re-election. The employees have appointed Karin Larsson and Rigmor Lindbäck, HAF, as Board Members. Alice Eriksson, HAF, and Rune Lindstrand, HTF, have been appointed as Deputy Board Members. Remuneration of the Board of Directors was set at SEK 1,300,000 and will be distributed between the Board Members as follows: The Chairman will receive SEK 300,000 and other Board Members elected by the AGM will receive SEK 150,000. SEK 100,000 for committee activities will be distributed by the Board of Directors. The AGM decided to appoint a Nomination Committee. Its task will be to prepare and submit proposals to the company’s shareholders for the election of Board Members and an Auditor as well as for the remuneration to the company’s Board of Directors and the Auditor. At the Inaugural Board Meeting immediately after the AGM, Christer Gardell was elected as Chairman and Conny Karlsson as Vice-Chairman. Conny Karlsson’s speech at the AGM is published in Swedish on Lindex’s website, www.lindex.com (Conny Karlsson was Acting President during the period 1 April 2004-11 October 2004). AB Lindex (publ)