Announcement

Announcement Skandinaviska Enskilda Banken has agreed with Luxonen S.A. upon early redemption of SEB's share of the Luxonen subordinated convertible loan - nominal amount SEK 225 million. SEB's holding of the Luxonen convertible loan amounts to 42 per cent of the share capital after full conversion. For further information, kindly contact: Lars Isacsson, Chief Financial Officer Telephone: +46 8 763 85 76 Annika Halldin, Group Communications, Telephone + 46 8 763 8560 Lotta Treschow, Investor Relations, Telephone +46 8 764 9559 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/12/17/19981217BIT00060/bit0001.doc http://www.bit.se/bitonline/1998/12/17/19981217BIT00060/bit0002.pdf