Results for 2002

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Results for 2002 ·Profit for 2002, excluding non-recurring items, was at the same level as last year and amounted to SEK 816 (835) million. Including non- recurring items, profit was SEK 816 (913) million. ·Deliveries of niche products, high strength sheet and quenched steels, increased by 18% compared with the fourth quarter of 2001 and in total with 10% during the year. ·Cash flow improved by SEK 1,057 million to SEK 1,208 (151) million. ·The Board proposes an increase of the dividend to SEK 6.00 (5.00) per share, equal to SEK 605 (504) million. Other The Chairman of the Board, Leif Gustafsson, has announced that he will be retiring from the Board of Directors at the General Meeting in the spring. Stockholm, 12 February 2003 Anders Ullberg The General Meeting of the Company will be held on 24 April 2003 in Oxelösund. In conjunction therewith, the report for the first quarter of 2003 will be published. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/12/20030212BIT00750/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/02/12/20030212BIT00750/wkr0002.pdf The full report

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