Ratos redemption program

The Ratos redemption program LATEST RECONCILIATION PERIOD ENDS - NO REDEMPTION The average share price amounted to SEK 68.11 and average net asset value to SEK 80.10. Estimated net asset value discount 15 per cent, i e lower than 18 per cent which is the limit that triggers a redemption procedure. The average share price for the Ratos B share, calculated by the Stockholm Stock Exchange, amounted to SEK 68.11 during the reconciliation period following the latest Interim Report, 30 October 1998 -12 November 1998. The average net asset value during the period was SEK 80.10. The average share price, SEK 68.11, is consequently above 82 per cent of the average net asset value, SEK 65.68, which the Ratos Board of Directors has set as the limit for triggering a redemption procedure. This means that the average net asset value discount is 15 per cent, i e below 18 per cent. The Ratos Board will therefore not put forward a proposal for redemption. For further information, please contact: Thomas Mossberg, President, phone: +46-8-700 17 00 Olle Isberg, Executive vice President, phone +46-8-700 17 00 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/11/13/19981113BIT00100/bit0001.doc http://www.bit.se/bitonline/1998/11/13/19981113BIT00100/bit0002.pdf