Report for the First Quarter of 2003

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Report for the First Quarter of 2003 * Profit after financial items increased by SEK 232 million and amounted to SEK 414 (182) million. Earnings per share increased to SEK 2.85 (1.20). * Deliveries of the niche products, high-strength sheet and quenched steels, increased by 20% compared with the first quarter of last year. * Processing costs were at the same level as the final three quarters of the preceding year but 8% higher than during the first quarter of last year. Stockholm, 24 April 2003 Anders Ullberg ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/24/20030424BIT00370/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/04/24/20030424BIT00370/wkr0002.pdf The full report

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