Invitation to Annual General Meeting

The shareholders of Skanditek Industriförvaltning AB (publ) are hereby summoned to the Annual General Meeting on Monday, April 7, 2008 at 5 p.m. at Svenska Läkaresällskapet, Klara Östra Kyrkogata 10, Stockholm.

Notification
Shareholders wishing to attend the Annual General Meeting must notify Skanditek of their intention to do so not later than noon on Tuesday, April 1, 2008 at Skanditek Industriförvaltning AB, Nybrogatan 6, SE-114 34 STOCKHOLM, or by telephoning +46 8-614 00 20, faxing +46 8-614 00 38 or emailing info@skanditek.se. Notifications should include name, address, personal identification number (corporate registration number), telephone number and registered shareholding.

Right to attend
In order to participate in the Annual General Meeting, shareholders must be registered in the share register maintained by VPC AB (The Swedish Securities Register Center) by Tuesday, April 1, 2008. Shareholders whose shares are registered in the name of a trustee must temporarily re-register their shares in their own name in the share register maintained by VPC AB in order to participate and exercise their voting rights in the Meeting. Shareholders must notify their trustee to this effect in good time before this date.

At the date this invitation was issued, the total number of shares in the Company was 65,505,080, of which Skanditek holds 154,100 treasury shares.

Business and proposed agenda for the Annual General Meeting

1. Election of a chairman to preside over the Meeting
2. Preparation and approval of the voting list
3. Approval of the agenda
4. Election of two persons to check the minutes
5. Determination of whether the Meeting has been duly convened
6. Address by the President and Chief Executive Officer
7. Presentation of the annual report and the auditors’ report, and the consolidated financial report and auditors’ report on the consolidated financial report
8. Motions concerning
a. the adoption of the income statement and balance sheet, and of the consolidated income statement and consolidated balance sheet
b. the disposition to be made of the Company’s profit as shown in the balance sheet adopted by the Meeting
c. the discharge of the members of the Board of Directors and of the President from personal liability for their administration during the 2007 fiscal year
9. Determination of the number of members and deputy members of the Board
10.Determination of the fees to be paid to the Board members and the Auditors
11.Election of the members and deputy members of the Board and the Chairman of the Board
12.Motions concerning instructions for the Nominating Committee
13.Board of Directors’ motion concerning a resolution to amend the Articles of Association
14.Authorization of the Board to make decisions regarding the issue of new shares
15.Authorization of the Board to make decisions regarding the acquisition of treasury shares
16.Motions concerning
a.reduction in the Company’s share capital through the redemption of treasury shares
b.increase in the Company’s share capital through the issue of new shares
17.Presentation and approval of the Board of Directors’ motion concerning principles for remuneration and other employment terms for executive managers
18.Board of Directors’ motion concerning approval of a new incentive program concerning the issue of new warrants
19.Closure of the Meeting

The Nominating Committee for the Annual General Meeting 2008 consists of Tomas Billing (Nordstjernan), Bob Persson (own and related party holdings) and Ulf Strömsten, chairman (Catella).

Motion concerning election of a chairman of the Meeting (Item 1)
The Nominating Committee proposes Stefan Lindskog, attorney, to be the chairman who presides over the Meeting.

Motion concerning dividend (Item 8b)
The Board of Directors proposes that the Meeting approve a dividend of SEK 0.30 per share for the 2007 fiscal year. It is proposed that the record date for the dividend be April 10, 2008.


Motion concerning election of Members of the Board (items 9 and 11)
The Nominating Committee proposes that the Board of Directors consist of six members without deputies and that Dag Tigerschiöld, Viveca Ax:son Johnson, Patrik Tigerschiöld and Mathias Uhlén be re-elected and Johan Ek and Björn Björnsson be newly elected as Members of the Board. It is proposed that Dag Tigerschiöld be elected Chairman of the Board.

Motion concerning fees (item 10)
The Nominating Committee proposes that the director fees remain unchanged at a total amount of SEK 810,000, of which SEK 270,000 will be paid to the Chairman and SEK 135,000 to each of the other Board Members who do not receive a salary from the company.

The Nominating Committee proposes that the auditors be remunerated in return for approved invoices.

Motion regarding instructions for the Nominating Committee (item 12)
Shareholders representing approximately 55 percent of the voting rights in the Company propose that the Annual General Meeting on 7 April, 2008 adopt the instructions regarding the appointment of the Nominating Committee. The Nominating Committee shall prepare and present proposals for the shareholders regarding:
election of a Chairman of the Annual General Meeting, Board of Directors, Chairman of the Board and, where appropriate, auditors, as well as resolutions regarding director fees, divided between the Chairman, other members of the Board and possible remuneration for any special committees as well as auditors’ fees.

The Chairman of the Board shall be a member of the Nominating Committee and shall - not later than at the end of the third quarter every year - ensure that each of the Company’s three largest shareholders are given the opportunity to appoint a member to the Nominating Committee. The mandate period is one year. The composition of the Nominating Committee shall be announced not later than six months prior to the Annual General Meeting. All shareholders shall hereby be informed about which persons to contact in matters related to nomination.

The instructions also entail rules governing nomination, convening of and information for the Nominating Committee, how vacancies on the Nominating Committee shall be handled, the matter of when it is quorate, communications with the Company and so forth. The Nominating Committee shall continually assess the instructions and the Committee’s work and shall submit to the Company’s Annual General Meeting proposals regarding amendments of their instructions that the Nominating Committee deems appropriate.

Motion regarding resolution concerning amendment to the Articles of Association (Item 13)
The Board of Directors proposes that the Annual General Meeting approve the adoption of new Articles of Association, whereby amendments are made to adapt the Articles of Association to the resolution pursuant to the above Item “Motion concerning instructions for the Nominating Committee”.

- Article 10 Business to be addressed at the Annual General Meeting; it is proposed that Item 12 “Election of the Nominating Committee” be removed.

Motion concerning authorization of the Board of Directors to make decisions regarding new share issues (Item 14)
The Board of Directors proposes that the Annual General Meeting authorize the Board of Directors to, pursuant to or notwithstanding the preference rights of shareholders, on one or several occasions prior to the next Annual General Meeting, to make decisions regarding the new issue of a maximum 6,500,000 shares, corresponding to 9.9 percent of the share capital. Decisions regarding new share issues may also include provisions to the effect that new shares may be paid for in the form of capital contributed in kind, through the offsetting of debt or otherwise subscribed for pursuant to the terms and conditions of Chapter 13, Section 5, first paragraph, 6 of the Swedish Companies Act. The purpose of this authorization is to approve a new share issue to prepare the Company for the possibility of completing an acquisition of companies in full or in part.

If authorization is used in its entirety, this will correspond to a dilution of some 9.0 percent of the share capital and voting rights in the Company.

Motion concerning approval of the Board of Directors to make decisions regarding the acquisition of the Company’s own shares (Item 15)
The Board of Directors proposes that the Annual General Meeting authorize the Board of Directors to make decisions, on one or several occasions, prior to the next Annual General Meeting to acquire a maximum number of shares so that the Company’s holding, at any time, does not exceed 10 percent of all the shares in the Company. The shares shall be acquired on the OMX Nordic Exchange or through offerings directed to all shareholders in the Company. Acquisitions on the OMX Nordic Exchange shall be undertaken at a price per share that is within the interval for the share price prevailing at any time. Payment for shares shall be made in cash. The purpose of such authorization is to grant the Board of Directors the potential to adjust the Company’s capital structure.

Motion concerning resolution to redeem treasury shares and increase the Company’s share capital by means of bonus issues (Item 16a)
Based on authorization granted by previous Annual General Meeting, Skanditek decided to acquire Company shares. Skanditek owns a total of 154,100 treasury shares, corresponding to some 0.2 percent of all shares in the Company. Since the Board of Directors does not intend to use previously repurchased shares for any particular purpose, the Board of Directors has concluded that it is appropriate at this moment in time to cancel previously repurchased shares. As a result, the Board of Directors proposes that the Annual General Meeting approve that the Company’s share capital be reduced by SEK 924,600 kronor through the cancellation, without repayment, of the 154,100 treasury shares. The purpose of the reduction is that the amount by which the share capital is reduced shall be transferred to unrestricted shareholders’ equity to be used for the repurchase of the Company’s shares.

A resolution regarding a reduction of the Company’s share capital requires that it be supported by shareholders representing at least 2/3 of both the voting rights and the shares represented at the Annual General Meeting.

Motion concerning approval of an increase in the Company’s share capital by means of a bonus issue (Item 16b)
As part of the program to redeem the Company’s shares, the Board of Directors – conditional upon the approval by the Annual General Meeting of the Board of Directors’ motion pursuant to Item 16 a) above – proposes that the Annual General Meeting approve that the Company’s share capital be increased by SEK 924,600 through a bonus issue, whereby SEK 924,600 will be transferred from unrestricted shareholders’ equity and no new shares issued in conjunction with the increase in share capital.

The reason underlying the Board of Directors’ motion is to enable the resolution pursuant to Item 16 a) above to be implemented without the undue passage of time that would otherwise occur while awaiting the approval of the Swedish Companies Office if the Company simultaneously takes measures that entail that neither the Company’s restricted shareholders’ equity nor its share capital decline.

Presentation and approval of the Board of Directors motion for principles governing remuneration and other term and conditions of employment for the Company’s executive management (Item 17)
The Board of Directors proposes that the Annual General Meeting approve the Board of Directors’ motion regarding principles governing remuneration and other terms and conditions of employment for the President and other senior executives as follows:

Remuneration for the President and other senior executives consists of a basic salary, variable remuneration and pensions. The term “senior executives” refers to the Chief Financial Officer and two analysts, both of whom are men.

The distribution between basic salary and variable salary (bonus) shall be in proportion to the executive’s responsibilities and authority. The variable salary shall be maximized for the President at 150 percent of the annual salary. For other senior executives, the variable salary shall be maximized at 50-120 percent of the annual salary. The variable salary for the President and other senior executives shall be based on the outcome of four (4) quantitative parameters, compared with fixed targets. Two of the quantitative parameters relate to the unlisted portfolio companies’ progress in terms of growth and operating profit, one to the listed portfolio companies and, finally, to Skanditek’s stock market trend. Other senior executives shall also be subject to a discretionary parameter through which the outcome is assessed in terms of individually set targets. All pension benefits are based on defined-contribution plans.

The proposed principles essentially comply with the remuneration and benefits received in previous years.

The Board of Directors’ motion to the Annual General Meeting for the approval of a new incentive program in respect of the issuance of new share warrants. The warrants shall be offered to employees of Skanditek (Item 18)
The Board of Directors of Skanditek proposes that the Annual General Meeting of Skanditek approve the issue of a maximum of 250,000 share warrants that provide entitlement to subscription for a maximum of 250,000 shares in Skanditek. The share warrants shall be issued at a price corresponding to their market value on the issue date, which on the date of the issue of this summons was estimated to be SEK 1.60 kronor per share warrant. Subscription and payment of the warrants shall be completed no later than May 9, 2008. The share warrants shall be subscribed for by the subsidiary Skanditek AB with rights and obligations for the subsidiary to transfer them to senior executives and key people in Skanditek. The price of the transferred share warrants shall correspond to the issue price. Subscription for shares based on the share warrants may be made from May 9, 2010 through May 9, 2011 at a subscription price of 150 percent of the market value on the issuance date. Full exercise of all share warrants covered by the motion will entail an increase in the share capital of SEK 1,500,000, representing a dilution of some 0.3 percent of the number of shares and voting rights in Skanditek.

The Annual General Meeting’s resolution under Item Point 18 is subject to the rules of Chapter, 16 of the Swedish Companies Act (so-called “LEO law”), whereby the validity of the resolution requires that the Annual General Meeting’s resolution be supported by at least 9/10 of both the votes and shares represented at the Annual General Meeting.

The Board’s complete motions in accordance with item 8 b),12,13,14,15,16,17 and 18, and annual report documentation in accordance with item 7 will be made available to shareholders at the Company’s office at Nybrogatan 6, Stockholm and on the Company’s www.skanditek.se website not later than Thursday, March 20, 2008. These documents will also be sent to shareholders who request such information and provide their postal address.

A presentation of the proposed Members of the Board is available on the Company’s website. The Board’s complete motion in accordance with Point 17 will be on the Company’s website in ample time prior to the Annual General Meeting.

Shareholders representing more than 37 percent of the Company’s share capital and voting rights support the motions concerning Items 13,14,15,16,17 and 18.


Stockholm, March 2008
SKANDITEK INDUSTRIFÖRVALTNING AB (publ)
Board of Directors


Information in this press release is that which Skanditek is required to disclose under the Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.