Nordic Capital reminds shareholders of the final day of the extended acceptance period for Finnveden

New shareholders acquiring Finnveden shares after the offer announcement determine the success of the offer

-Today, Monday December 20, 2004, is the final day of the extended acceptance period for the Finnveden offer -A group of new Finnveden shareholders have after the offer announcement acquired more than 20 percent of the shares in hope of a higher bid -Nordic Capital reaffirms the offer of SEK 75 per share and declares that the offer will not be increased Cidron Invest AB, a wholly owned subsidiary of Nordic Capital Fund V, ("Nordic Capital") hereby reminds shareholders that the extended acceptance period for the offer to the shareholders in Finnveden AB (publ) ("Finnveden") expires at 17.00 today, Monday, December 20, 2004. All other terms and conditions stated in the prospectus apply for the extended offer. It has come to Nordic Capital’s attention that a group of hedge funds, primarily based in London, during the acceptance period have acquired shares in Finnveden corresponding to a total ownership in excess of 20 percent. The acquisitions have been made in hope of a higher bid. The acceptance level in the offer among those shareholders who owned shares in Finnveden at the time of the announcement of the bid has been nearly unanimous. The offer hence has strong support from prior shareholders, and is unanimously recommended by the Board of Finnveden. Equity research analysts who cover the share have also endorsed the offer. In addition, the Swedish Shareholders’ Association (Aktiespararna) recommends that the shareholders of Finnveden accept the offer. Nordic Capital’s interest in acquiring all outstanding shares of Finnveden remains unchanged, as does the offer of SEK 75 per share. Nordic Capital will not increase the offer. Nordic Capital intends to announce the acceptance level for the offer as soon as possible after December 20. This is likely to be possible at the latest on December 22. Stockholm December 20, 2004 Cidron Invest AB Board of Directors For further information, please contact: Ulf Rosberg, Partner, Nordic Capital, phone +46 8 440 50 50 This press release has not and will not, directly or indirectly, be distributed or made public in the United States, Australia, Japan or Canada. The Offer is not being made to persons whose participation requires further prospectuses, filings or other measures in addition to those required under Swedish law.