During 2007 Geveko informed that priority will be given to the development and expansion of the unlisted Industrial Operations ahead of the Management of Securites. This strategic direction could lead to that Geveko will no longer have tax status as an investment company. During the second half of 2007 six companies were acquired within the Geveko Industrial Operations and sales of holdings in the Equities Portfolio started. By year end 2007-2008 the reduction of holdings in the Equities Portolio including fixed income holdings was judged to come into conflict with the riskdiversification requirements for an investment company. Geveko is therefore of the opinion that the company is an operating company as from 2008. The tax authority will give final judgement concerning tax status based on the coming income tax return. Tax cost on the change of status is not expected to arise. Göteobrg, Sweden January 18, 2008 AB GEVEKO (plc) For further information: Mr Hans Ljungkvist, CEO and Managing Director Phone: +46 31 172945, Mobile: 0705 371110 AB GEVEKO (plc) Reg. no.: 556024-6844 Box 2137, 403 13 Göteborg, Sweden, Phone +46 31 172945, info@geveko.se www.geveko.se
Geveko will change tax status to an operating company
| Source: Geveko, AB