Swedish Match: Interim Report January -- March 2003


STOCKHOLM, Sweden, April 25, 2003 (PRIMEZONE) -- Swedish Match (Nasdaq:SWMAY) (Other OTC:SWMAF):


 - Sales reached 3,006 MSEK (3,317)
 - Sales were flat in local currencies
 - Continued volume growth for snuff
 - Operating income declined to 516 MSEK (605) or by 15 percent
 - Currency impact reduced operating income by 64 MSEK, or 11 percent
 - EPS was 0.99 SEK (1.02)
 - Total shares outstanding as of March 31, 2003 was 334.3 million
   (350.0)

 Lennart Sunden, President and
          Chief Executive Officer
 +46 8 658 01 75

 Sven Hindrikes, Executive Vice President and
                      Chief Financial Officer                 
 +46 8 658 02 82
 mobile   +46 70 567 41 76

 Bo Aulin, Senior Vice President, Secretary    
 +46 8 658 03 64 and General Counsel
 mobile   +46 70 558 03 64

 Emmett Harrison, Vice President, Investor Relations
  +46 8 658 01 73
 mobile   +46 70 938 01 73

 Lin McKinnie, Vice President, Investor Relations, U.S.
 +1 804 302 1912
 mobile   +1 804 502 1912

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://www.waymaker.net/bitonline/2003/04/25/20030425BIT00560/wkr0001.doc

The Full Report

http://www.waymaker.net/bitonline/2003/04/25/20030425BIT00560/wkr0002.pdf

The Full Report