Changes Announced för Skandia Liv Management

Changes Announced for Skandia Liv Management Ola Ramstedt (48) has been appointed CEO of Skandia Liv, effective August 1, 2002. He is leaving his current position as Executive Vice President HR for Skandia, which he has held for eight years. Mr. Ramstedt will also be a member of the Skandia Liv Board of Directors. Mr. Ramstedt will succeed Magnus Ohlsson, who will become Senior Advisor to the management of the European Division. Bengt-Åke Fagerman (48) has been appointed Executive Vice President of Skandia Liv with responsibility for Business Process as of August 1, 2002. He is leaving a position as CEO for Skandia Marknadsstöd Spar. Pia Askenström Marions (38) has been appointed as new CFO at Skandia Liv. She will assume this new position as of August 19, 2002. Ms. Marions has several years of experience with the Swedish Financial Supervisory Authority in the Risk Management and Financial Analysis areas, within the insurance business. Ms. Marions is leaving Länsförsäkringar Liv, where she has been Manager for Accounting and Fund Administration. For further information, please contact: Carl-Henrik Knutsson, Communication Manager, Skandia, tel. +46-8-788 25 00 Lars Eric Ericsson, Chairman Skandia Liv, tel. +46-26-17 10 00 Ola Ramstedt, Executive Vice President and head of Human Resources, Skandia, tel. +46-8-788 25 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/06/17/20020617BIT00300/wkr0001.doc http://www.waymaker.net/bitonline/2002/06/17/20020617BIT00300/wkr0002.pdf