SOLNA, Sweden, July 26, 2002 (PRIMEZONE) -- J.W. Childs Acquisition Sweden AB announced on July 11, 2002 that the conditions for the public tender offer of all shares of Esselte AB (publ) have been met and that the offer will be executed.
Due to the public tender offer, the Board of Directors of Esselte AB (publ) applied to Stockholmsborsen (the Stockholm Exchange) and to the United Kingdom Listing Authority (UKLA) and the London Stock Exchange for de-listing of the Esselte shares from Stockholmsborsen, the Official List of the UKLA and from trading on the London Stock Exchange. The applications for de-listing have been approved with effect as from 1 August 2002. Therefore, the final day for trading in Esselte shares on either exchange will be 31 July 2002.
Esselte is the leading global office supplies manufacturer with annual sales of approx. SEK 11 billion, subsidiaries in 25 countries, selling office products in over 120 countries and employing approx. 6,200 people. Esselte makes it easier for people to organize the modern workplace. Our principal brands are: DYMO, Pendaflex, Leitz and Esselte.
To learn more about Esselte, visit our website at www.esselte.com.
For further information please contact: Thomas Groth, IR +44 (0) 1895 878 983
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