STOCKHOLM, Sweden, Oct. 3, 2002 (PRIMEZONE) -- As a consequence of the general trend of the stock exchange, Alecta has decided, effective as of October 3, to temporarily freeze all use of client-company funds.
Payments approved by Alecta through October 2 will be made as scheduled.
Additional information will be provided on October 31.
During the freeze period, Alecta will not conduct any matching in the marketplace. Nor will Alecta implement any transfers of appropriation rights to allocated funds.
For further information, contact:
Lars Otterbeck, President, Alecta +46 8 441 66 60 Cecilia Schon Jansson, Senior Vice President, Corporate Communications, Alecta +46 8 441 93 50, +46 70 526 93 50
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