Third quarter 2002

Report for the First Three Quarters of 2002

Profit after financial items for the seasonally weak third quarter, excluding non-recurring items, increased by SEK 75 million to SEK 79 (4) million. Profit for the first three quarters thus amounted to SEK 556 (868) million.
Deliveries of the niche products of high strength sheet and quenched steel increased during the third quarter by 12% compared with last year and, so far this year, have increased by 7%.
Cash flow during the first three quarters improved by almost SEK 800 million to SEK 915 (143) million.

About Us

SSAB is a Nordic and US-based steel company. SSAB offers value added products and servicesdeveloped in close cooperation with its customers to create a stronger, lighter and more sustainableworld. SSAB has employees in over 50 countries. SSAB has production facilities in Sweden, Finlandand the US. SSAB is listed on the Nasdaq OMX Nordic Exchange in Stockholm and has asecondary listing on the Nasdaq OMX in Helsinki. www.ssab.com

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