Announcement from Ordinary General Meeting in SHB SICAV

The Ordinary General Meeting in SHB SICAV was held on April 1, 2011. The meeting
approved the financial statements for the financial year ended on December
31, 2010, including the allocation of results suggested to the meeting, and
granted discharge to the directors for that financial year.

Mr. Magnus Fageräng, head of Infrastructure and IT within Handelsbanken Capital
Markets, was elected new Chairman of the board of directors, replacing Mr. Per
Beckman. Ms. Julie Krentz, Mr. Pär Nürnberg and Mr. Jacques Elvinger were re-
elected as directors. KPMG Audit was re-elected as auditors.


For further information please contact:
Henrik Norén, Managing Director XACT Fonder AB, + 46 8 701 1222, +
46 70 291 1222

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