Modern Insurances Life third largest unit-link insurance company during the first quarter 2007

Modern Insurances Life's long-term venture in building a platform as
the challenger to the established unit-link insurance companies, has
during the first quarter 2007 resulted in a market share giving the
company the third largest sales value of the new sales of unit-link
insurance.

Modern Insurances Life's market share measured in sales value of  the
new sales  of unit-link  insurance rose  remarkably and  amounted  to
12.7% during the first quarter 2007 compared to 3.9% the same  period
previous year,  corresponding to  the third  largest sales  value  in
Sweden.

Modern Insurances Life's market share  of the new sales of  unit-link
insurance policies, measured on rolling 12-month basis, increased  to
9.7% compared to 4.0% for the corresponding period previous year."It is most rewarding to see  that our long-term efforts in  offering
unit-link  insurance  customers  in  Sweden  an  alternative  to  the
established  unit-link   insurance   companies  are   attracting   an
increasingly number of customers. The  success during 2006 has  shown
that there is a demand for  our products offering a selective  choice
of highly qualitative funds and an insurance product to a competitive
price", says  Mikael Claesson,  vice president  of Modern  Insurances
Life.

For further information, please visit www.invik.se or contact:


Anders Fällman, President and CEO              +46 (0)8 562 000 20
Mattias Björk, CFO                             +46 (0)8 562 000 58       __________________________________

Invik is a  finance group with  a broad product  profile focusing  on
insurance, banking and fund management.  Invik is active in a  number
of carefully selected  segments in  which the Group  can create  high
growth and build long-term, successful companies, while  consistently
focusing on profitability. Group companies are distinguished by their
constant efforts to seek new avenues for growth in profitable  niches
in the financial sector.

Invik  is  made  up  of  five  major  financial  operations:   Modern
Insurances Non-life, with its direct insurance operations focusing on
individuals and small companies; Modern Insurances Life, which offers
life, pension and  endowment insurances;  Assuransinvest manages  the
remaining run-off portfolio;  Banque  Invik, a private bank based  in
Luxembourg with operations in  asset management, card operations  and
corporate services and Invik Funds, which pursues fund operations  in
Aktie-Ansvar and Modern Funds. Invik is listed on the Stockholm Stock
Exchange Mid Cap under the name INVKB.