SEB Enskilda hereby gives notice that it undertook stabilisation (within the meaning of the Commission Regulation (EC) No 2273/2003 of 22 December 2003 implementing Directive 2003/6/EC) as a stabilisation manager in relation to the initial public offering of the ordinary shares of AS Arco Vara which commenced on June 4, 2007 and ended on June 14, 2007 Stabilisation started on June 21, 2007 and stabilisation last occurred on July 19, 2007. For each of the dates during which stabilisation transactions were carried out, the price range was as follows: Date Lowest price Highest price June 21, 2007 2,35 2,42 June 25, 2007 2,36 2,36 June 27, 2007 2,27 2,27 July 02, 2007 2,23 2,23 July 03, 2007 2,09 2,22 July 04, 2007 2,12 2,14 July 06, 2007 2,17 2,19 July 09, 2007 2,13 2,18 July 10, 2007 2,18 2,24 July 11, 2007 2,19 2,25 July 12, 2007 2,2 2,25 July 13, 2007 2,27 2,35 July 16, 2007 2,32 2,36 July 17, 2007 2,34 2,39 July 18, 2007 2,41 2,42 July 19, 2007 2,35 2,4 Additional information: Sten Sumberg SEB Enskilda +372 665 5381