New Financial Director at Vattenfall

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New Financial Director at Vattenfall Anders Lidefelt will take up the posts of Financial Director of the Vattenfall Group and Managing Director of Vattenfall Treasury AB on 15 March 2004 when Ann Ahlberg retires. Previously, Anders Lidefelt has mainly worked in various posts for the ABB Group both in Sweden and abroad. "I would like to welcome Anders Lidefelt to Vattenfall. His broad experience and expertise in the financial sector make him very well equipped to take responsibility for, and to continue to develop, our finance function. I would also like to take this opportunity to thank Ann Ahlberg for her many years of successful work in the financial field, an area that is so important to Vattenfall," says Matts Ekman, Senior Executive Vice President and Chief Financial Officer of Vattenfall AB. From Vattenfall's Press Office, telephone: +46 8 739 50 10. For more information, please contact: Martin May, Head of Group Media Relations, Vattenfall AB, phone +46-8-739 52 70. Matts Ekman, CFO Vattenfall AB, phone +46-8-739 50 08. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/03/03/20040303BIT00850/wkr0001.doc http://www.waymaker.net/bitonline/2004/03/03/20040303BIT00850/wkr0002.pdf

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