Nominationg Committtee´s recommendations to Skandia´s Annual General Meeting

Nominating Committee's recommendations to Skandia's Annual General Meeting Skandia's Nominating Committee recommends that the Annual General Meeting on 17 April 2002 elect Melker Schörling as a new member of Skandia's board and that Lars Ramqvist, Eero Heliövaara and Willem Mesdag be re-elected as directors for a two-year period. Melker Schörling is already a member of Skandia's board, but has served to date as a policyholders' director appointed by the Stockholm Chamber of Commerce and not as a director elected by the Annual General Meeting. The Stockholm Chamber of Commerce has named Maria Lilja as a new policyholders' representative. If the Annual General Meeting votes in favour of the Nominating Committee's recommendations, the number of directors elected by the Annual General Meeting will increase by one to eight, and Skandia's board will have the following composition: Lars Ramqvist, Boel Flodgren (policyholders' representative), Eero Heliövaara, Oonagh McDonald, Maria Lilja (policyholders' representative), Willem Mesdag, Lars-Eric Petersson, Clas Reuterskiöld, Günter Rexrodt and Melker Schörling. In addition, the Board includes three employee representatives. The Nominating Committee's members represent shareholders holding approximately 20% of the shares in Skandia. Contact person: Jan-Mikael Bexhed, General Counsel and secretary of the Nominating Committee ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/18/20020318BIT00270/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/18/20020318BIT00270/wkr0002.pdf