Skandia Applies for Delisting From the Copenhagen Stock Exchange


STOCKHOLM, Sweden, Dec. 16, 2002 (PRIMEZONE) -- Skandia's (Other OTC:SKNFF) (LSE:SFS) (Stockholm:SDIA) board has decided to apply for a delisting of Skandia's shares from the Copenhagen Stock Exchange. The reason for the delisting is, among other things, the low trading volume of Skandia's shares on the Copenhagen Stock Exchange.

Skandia's shares are listed today on the Stockholm, London, Copenhagen and Frankfurt stock exchanges.

For further information, please contact:

Harry Vos, Head of Investor Relations, tel. +46-8-788 3643

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:


www.waymaker.net/bitonline/2002/12/16/20021216BIT00110/wkr0001.doc
www.waymaker.net/bitonline/2002/12/16/20021216BIT00110/wkr0002.pdf