Comments and questions about the report can be submitted at the telephone conference, telephone number +46 (0) 850 520 114 to be held at 15:00 p.m. CET on 23 February. Slides for use as material for the conference can be accessed at www.ratos.se as soon as the report is released.

For further information

Clara Bolinder-Lundberg, Investor Relations Officer, +46 8 700 17 63

Financial calendar from Ratos:

Year-end report 2004                                23 February 2005

Annual General Meeting                            6 April 2005

Interim report January-March 2005            12 May 2005

Interim report January-June 2005               24 August 2005

Interim report January-September 2005      11 November 2005