NBH purchases own shares

NBH purchases own shares The Board of Nordic Baltic Holding (NBH) AB (publ), within the framework of authorization granted by the Annual General Meeting, today decided that the company will purchase its own shares. Such acquisitions may be made during a period not longer than up to the next Annual General Meeting at a maximum total amount of SEK 5 billion. The purchases will be carried out on the Helsinki Exchanges, Copenhagen Stock Exchange or the OM Stockholm Exchange within the registered price interval on each exchange at any given time, whereby the interval is considered to be between the highest bid price and the lowest ask price. The purpose of the acquisition of own shares is to contribute to an optimal financial structure and a more effective utilization of the company's resources by transferring funds back to the shareholders. Acquisition of own shares at a price corresponding to the selling price on the OM Stockholm Exchange on April 27, SEK 58, and at a total amount of SEK 5 billion, would mean an improvement in earnings per share of 2%. The company's return on equity would increase by about 1 percentage point. Further Information: Tord Arnerup, Chief Legal Officer, + 46 8 614 78 28, + 46 70 608 74 30 Arne Liljedahl, Chief Financial Officer, + 46 8 614 79 96, + 46 70 566 71 21 Björn Westberg, Investor Relations, + 46 8 614 78 50, + 46 70 590 55 52 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/28/20000428BIT01110/bit0001.doc http://www.bit.se/bitonline/2000/04/28/20000428BIT01110/bit0002.pdf