Allen Sangines Krause is Managing Director at Goldman Sachs
International in London. He currently sits on the firm's Commitments
Committee with responsibility for approving all transactions and
monitoring commercial and reputational risks to the firm. He has been
with Goldman Sachs since 1993, based in both London and New York and
has significant investment banking and senior leadership experience
from emerging markets such as Latin America, Russia and other CIS
countries.
Mr Sangines Krause has a Ph.D. in Economics from Harvard University
and a degree in Economics from Instituto Tecnologico Autonomo de
Mexico. He is a Member of the Council of the Graduate School of Arts
and Sciences, Harvard University.
The Chairman of the Nomination Committee, Cristina Stenbeck,
commented: "On behalf of the Nomination Committee I want to express
my gratitude for the work that Mr Pehr G Gyllenhammar has done as
Chairman over the last 3 years. Mr Gyllenhammar joined the Board
after the merger between Invik and Kinnevik and has made signifycant
contributions to the work of the Board of the new Investment AB
Kinnevik.""I would also like to give my special thanks to Mr Edvard von Horn
for the last 15 years that he has served on both of the Investment AB
Kinnevik and Industriförvaltnings AB Kinnevik Boards. He has
participated in the beginnings, the growth and the positive changes
that these companies have experienced over the years. It is the
intention that Edvard shall continue as Chairman of Mellersta
Sveriges Lantbruks AB and as a director of the Board of Korsnäs AB."
The Nomination Committee will also submit a proposal for the
remuneration for the Board of Directors and the auditor as well as a
proposal on the Chairman of the Annual General Meeting of 2007 that
will be presented to the 2007 Annual General Meeting for approval.
The complete proposals of the Nomination Committee along with a
report of the work of the Nomination Committee will be available on
the Company's website.
The Nomination Committee is comprised of Cristina Stenbeck on behalf
Emesco AB and other shareholders, Mats Guldbrand on behalf of AMF
Pension, Wilhelm Klingspor on behalf of the Klingspor family, Mats
Lagerqvist on behalf of Swedbank Robur Fonder and Tomas Nicolin on
behalf of Alecta, who together represent more than 50% of the voting
rights in Kinnevik.
For further information, please visit www.kinnevik.se or contact:
Henrik Persson, Investor Relations +46 (0) 8 562
000 87
Investment AB Kinnevik's objective is to increase shareholder value,
primarily through net asset value growth. The Parent Company manages
a portfolio of long-term investments in a number of listed companies
such as Tele2, Modern Times Group MTG, Millicom International
Cellular, Metro International, Transcom WorldWide and Invik & Co.
Kinnevik plays an active role on the Boards of its listed holdings.
The Company's subsidiaries are principally active in cartonboard and
paper production through Korsnäs, and farming through Mellersta
Sveriges Lantbruk.
Investment AB Kinnevik's class A and class B shares are listed on the
Stockholm Stock Exchange's Nordic list for large-cap companies within
the financial and real estate sector. The ticker codes are KINV A and
KINV B.
