Henning Øglænd will function as Ratos's representative in Norway and through his extensive network will continue the work of identifying investments, add-on investments and exit opportunities in Norway on behalf of Ratos. Henning Øglænd, who is already on the boards of two Ratos holdings, will also advise Ratos with regard to suitable Norwegian directors for the portfolio companies.

Ratos CEO Arne Karlsson comments: "Norway is an extremely exciting private equity market that is highly suitable for a company with Ratos's profile. In recent years we have had an extensive deal flow from Norway, largely thanks to Henning Øglænd. It is gratifying to now be able to formalise this co-operation with Henning, who has a fantastic network of contacts within Norwegian society and business community."

As previously, Henning Øglænd will co-operate with Ratos's investment managers in the individual projects and holdings. Ratos will not have any employees in Norway.

In parallel with continued development work in Norway, Ratos will initiate a similar systematic build-up of its presence in Denmark and Finland.

Arne Karlsson continues: "As in Norway, this work will take two to three years to complete but subsequently we will seriously be able to meet our goal of having the Nordic region as our home market."

Ratos's representative office in Oslo will be in DLA Nordic's offices at Olav Vs gate 4, Oslo.

For further information please contact

Arne Karlsson, CEO Ratos, +46 8 700 17 00

Henning Øglænd, +47 419 16 621

Financial calendar from Ratos:

Interim report January-September 2005                       11 November 2005

Year-end report 2005                                                    25 February 2006

Interim report January-March 2006                               11 May 2006

Interim report January-June 2006                                  24 August 2006

Interim report January-September 2006                       10 November 2006