"Leif is one of the few people who has worked both as an operational CEO and who also has a solid experience from active ownership and transactions. With his background he is well suited to work as a Senior Investment Manager with us, says Ratos's CEO Arne Karlsson."

In 2001 Leif Johansson became the chief executive of ISAB 2, a sub-group within Procuritas. His task in this role was to streamline and divest the companies within the group. His assignments include the chairmanship of Sandå Måleri and the Axenti Group.

Leif Johansson, who joins Ratos in August 2004, holds a combined engineering and business degree.

For further information, please contact

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

Leif Johansson, Senior Investment Manager Ratos, +46 705 20 40 25

Anna-Karin Celsing, Head of Corporate Communications Ratos, +46 70 399 62 39

Financial calendar from Ratos:
Interim Report January-June 2004 25 August 2004
Interim Report January-September 2004 12 November 2004

The press release can be downloaded from the following link: