The Copenhagen Stock Exchange Has Decided to Delist Skandia's Shares


STOCKHOLM, Sweden, April 16, 2003 (PRIMEZONE) -- As previously announced, Skandia (Other OTC:SKNFF) (LSE:SDIAq) has applied for a delisting of Skandia's shares from the Copenhagen Stock Exchange. The Copenhagen Stock Exchange decided today to delist the company from the Stock Exchange with effect from May 30, 2003. The last day of listing on the Copenhagen Stock Exchange will be May 28, 2003.


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

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