News release from the annuanl general meeting AB Lindex

NEWS RELEASE FROM THE ANNUAL GENERAL MEETING OF AB LINDEX ON 19 JANUARY 2000 Dividend The Annual General Meeting approved the proposed dividend of SEK 4.00 (3.50) per share. Board of Directors and Auditors The number of Board Members elected by the AGM was increased from six to seven. Board Members Birgitta Johansson-Hedberg, Gerard H De Geer, Hans Johansson, Tommy Persson and Svein Ribe-Anderssen were re-elected. Marie Ehrling (Senior Vice President, Station Services Division, SAS) and Erik Stensrud (President and CEO, Helly Hansen ASA, Norway) were elected Board Members. Mats Jansson did not stand for re-election. It was noted that the employees of the Company - in accordance with legislation regarding representation on the Board for the employees - had appointed Karin Larsson and Rigmor Lindbäck Employee Representatives on behalf of the Swedish Union of Commercial Employees with Alice Eriksson of the Swedish Union of Commercial Employees and Rune Lindstrand of the Union of Commercial Salaried Employees Deputy Employee Representatives. The Authorised Public Accounting Firm, Öhrlings PricewaterhouseCoopers AB, was re-appointed Auditors for the period lasting until the end of the AGM held during the fourth financial year following the appointment of Auditors. Nomination Committee The Members of the Nomination Committee, Birgitta Johansson-Hedberg and Ola Uhre were re-elected and Ramsay Brufer, SPP and Björn Lind, S-E- Bankens Allemansfonder AB elected. The task of the Nomination Committee is to submit proposals for election of Members and remuneration for the Company's Board of Directors at the next Annual General Meeting. New incentive programme The AGM was informed that the intention is to implement a new incentive programme for senior executives in the Lindex Group from the 200/2001 financial year, when the current incentive programme with synthetic options has expired. Inaugural Board Meeting At the Inaugural Board Meeting, which was held following the AGM, Birgitta Johansson-Hedberg was re-elected Chairwoman. Alingsås, 19 January 2000 Board of Directors AB Lindex ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/19/20000119BIT00630/bit0001.doc http://www.bit.se/bitonline/2000/01/19/20000119BIT00630/bit0002.pdf