Nordic Capital’s holding in Finnveden amounts to 99.4 per cent after the end of the acceptance period

Nordic Capital has during the extended acceptance period received acceptances to such extent that Nordic Capital’s holding amounts to 99.3 per cent of the votes and 99.4 per cent of the capital in Finnveden

Press release February 21, 2005 Cidron Invest AB’s, a wholly owned subsidiary of Nordic Capital Fund V, ("Nordic Capital") public offer to the shareholders in Finnveden AB (publ) ("Finnveden") has in total during the ordinary and the extended acceptance periods been accepted by shareholders representing 1,995 shares of series A and 23,580,522 shares of series B (of which 3,366,750 shares of series B during the last extension of the acceptance period), corresponding to approximately 88.8 per cent of the votes and 88.9 per cent of the capital in Finnveden. Nordic Capital has in addition acquired 2,778,500 shares of series B in Finnveden (of which 50,500 shares were acquired during the most recent extension of the acceptance period), corresponding to approximately 10.5 per cent of the votes and the capital in Finnveden. In aggregate, Finnveden shares tendered under the offer and shares acquired by Nordic Capital in the market amount to 1,995 shares of series A and 26,359,022 shares of series B, corresponding to approximately 99.3 per cent of the votes and 99.4 per cent of the capital in Finnveden. For shareholders who have accepted the offer during the last extension of the acceptance period and for whom settlement has not already occurred, settlement is expected to occur on or about February 24, 2005. The Finnveden share has been delisted from the Stockholm Stock Exchange and Nordic Capital has initiated compulsory purchase of the remaining shares in Finnveden. Stockholm, February 21, 2005 Cidron Invest AB Board of Directors For further information, please contact: Ulf Rosberg, Partner, Nordic Capital, phone +46 8 440 50 50