Swedish Match cancellation of treasury shares

In accordance with the resolution at the Annual General Meeting, Swedish Match has on 14 May 2008 decreased the Company’s share capital by 17,506,310.89 SEK through cancellation of 12,000,000 treasury shares and has through a bonus issue increased the share capital with the equivalent amount without issuing new shares.

After the cancellation of treasury shares, the Company’s treasury shares amount to 2,680,425. The total amount of shares outstanding, including shares held in treasury, amounts to 255,000,000 shares equivalent to the same amount of votes.