Skandia Supports Capital Contribution to If


STOCKHOLM, Sweden, Aug. 14, 2002 (PRIMEZONE) -- Skandia supports the capital contribution of SEK 1.6 billion that the board of If has requested from its owners. For Skandia's part this entails SEK 193.6 million in increased share capital and SEK 116.6 million in the form of a subordinated loan.

For further information, please contact: Harry Vos, head of Investor Relations, Skandia, tel. +46-8-788 3643

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