Summary of Semcon's AGM

Summary of Semcon's AGM Semcon held its Annual General Meeting on 21 March 2001. CEO Hans Johansson reported on the Group's performance in 2000. Semcon celebrated its 20th anniversary during the year and, for the 20th year in succession, reported stable growth. Consulting operations climbed by 34% and the Group increased sales overall by 17% to SEK1,007.2 million. The total number of employees was 1,623. Major customers include Ford, Ericsson, Saab Automobile, Volvo, ABB, Adtranz and AstraZeneca. Forecast for the full year is that the Company will experience good sales growth and considerably improved operating margins. Members of the Board of Directors Christian W Jansson was re-elected Chairman of the Board. Pia Gideon, Carl- Åke Jansson and Hans Johansson were re-elected to the Board. Göran Lundberg left the Board at his own request. Dividend The Meeting approved the proposal to pay a dividend of SEK 0.50 per share (1.40) for fiscal 2000. The record date is 26 March 2001. The dividend will be distributed by VPC on 29 March. Authorisation of new share issue The Meeting approved the Board's proposal to authorise the Board at some time before the next AGM in 2002 to make a decision regarding the issue of 900,000 new shares in the company. For further information, please contact Christian W Jansson, Chairman of the Board, Semcon AB, + 46 708-16 02 20 Hans Johansson, CEO, Semcon AB + 46 705-91 43 34 Bengt Nilsson, CFO, Semcon AB + 46 704-47 28 68 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/22/20010322BIT00210/bit0001.doc http://www.bit.se/bitonline/2001/03/22/20010322BIT00210/bit0001.pdf