Carnegie completes its acquisition of Max Matthiessen

Carnegie completes its acquisition of Max Matthiessen

Carnegie today completed its acquisition of all of the shares and votes in Max
Matthiessen (Max Matthiessen Holding AB), Sweden's leading independent advisor
in pension insurance, in accordance with the agreement announced on 12 January
2007. The transaction was conditional on certain terms and regulatory approvals.
All conditions have now been met.

As earlier announced, Carnegie is financing the transaction through a new issue
of shares in Carnegie with payment in kind to the holders of the Max Matthiessen
shares. At today's board meeting, the Board of Directors in Carnegie resolved to
increase the company's share capital with a maximum of SEK 12,084,712 through a
new issue of a maximum of 6,042,356 shares. All new shares were subscribed for
today by the shareholders in Max Matthiessen. The new shares were paid for with
non cash consideration in the form of all shares in Max Matthiessen. The
acquisition value is based on 6,042,356 shares valued at the closing price of
the Carnegie-share on 20 March 2007, plus SEK 10 million in transaction costs.
The new shares carry rights to dividends from and including the financial year
2006. Carnegie has filed for registration of the new share issue with the
Swedish Companies Registration Office.

Carnegie has appointed 4 representatives to Max Matthiessen's Board of
Directors: Matti Kinnunen, COO of Carnegie, Ulf Fredrixon, CFO of Carnegie, Lars
Risland, Carnegie, and the CEO of Max Matthiessen Christoffer Folkebo.

The operations will be conducted under the Max Matthiessen brand and become a
separate business area in Carnegie. Christoffer Folkebo will join Carnegie's
Group Management. Pro forma income for Max Mathiessen 2006 amounted to SEK 516
million and profit before tax to SEK 84 million. Max Matthiessen will be
consolidated into Carnegie's accounts with effect from 31 March 2007, which
means that Max Matthiessen will be included in Carnegie's result for the last
three quarters 2007. 

For further information, please contact
Christer Zetterberg, Chairman of the Board, +46 407 35 01
Stig Vilhelmson, CEO, +46 8 676 86 01


Carnegie - a leading independent investment bank with Nordic focus. Carnegie
provides value-adding services in Securities, Investment Banking, Asset
Management, Private Banking, pension advisory and long-term savings to
institutions, corporations and private clients. Carnegie has around 1,100
employees in eight countries and is listed on the Nordic Exchange.