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Ratos completes offer for Atle

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On 19 February this year, Ratos and the British company 3i made an offer for all the shares in Atle. Since the offer has been accepted by approximately 97% of Atle's shareholders, all the conditions for the offer have been met.

New holdings
Arcorus - Hydraulic systems, 49%
DIAB - Sandwich constructions, 48%
Gadelius - Engineering-oriented Japanese trading house, 50%
Haendig - Distributor of construction, iron and industrial products, 49%
Haglöfs - Outdoor clothing and equipment, 100%
Hilding Anders - Bedding products and solutions, 28%
HL Display - Products for retail display, 29%
Intervect (former Alimak + Hek Int) - Transport equipment, 50%
Kronans Droghandel - Pharmaceuticals distributor, 49%
Martinsson Gruppen - IT consultants, 50%
Programmera - IT consultants, 46%
Sweden On Line - Cable television operator, 50%

In addition, Ratos will acquire a so-called "joint portfolio" containing some 20 small companies from Atle.

The new holdings will be consolidated in the Ratos Group as from 1 May, 2001.

Additional information about the Atle offer can be found in the joint press release from Ratos and 3i.

For further information, please contact:
Arne Karlsson, CEO of Ratos, telephone +46 8 700 17 00
Clara Bolinder-Lundberg, Head of Corporate Communications at Ratos,
telephone +46 8 700 17 49

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