Nick Poyntz-Wright Acting Head of Skandia's UK & Asia Pacific Division


STOCKHOLM, Sweden, June 23, 2004 (PRIMEZONE) -- While Alan Wilson, Head of Skandia's UK & Asia Pacific division, continues with his recovery from illness, Nick Poyntz-Wright (Chief Operating Officer -- UK) has assumed Alan's responsibilities for the UK & Asia Pacific division and duties in the Skandia group's executive management. Mike Evans has stepped into Nick's role as acting Chief Operating Officer for the UK. All other executive management roles remain unchanged.

"I am confident that this strong management team will continue to grow the successful UK & Asia Pacific division businesses under the stewardship of Nick Poyntz-Wright," comments Hans-Erik Andersson, President and CEO of Skandia."



 For further information:
 Hans-Erik Andersson, president and CEO, tel.+44-8-788 25 00 
 Gunilla Svensson, Press Manager, tel. +44-8-788 42 97

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http://www.waymaker.net/bitonline/2004/06/23/20040623BIT00660/wkr0001.pdf



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