STOCKHOLM, Sweden, April 26, 2002 (PRIMEZONE) -- After discussions with the largest shareholders in Fastighets AB Tornet, the nominations committee has decided to put forward a revised proposal for the board of directors to today's Annual General Meeting.
The following are proposed as members of the board of directors: Goran Ahlstrom, Goran Collert, Katja Elvang, Lars Gardo (new), Lars Hansson (new), Sverker Lerheden and Karl-Evert Oskarsson.
The proposal is supported by shareholders with approximately 44 per cent of the total number of shares and votes in Tornet.
Stockholm, 26 April 2002
Fastighets AB Tornet (publ)
For further information, please contact: Sverker Lerheden, Managing Director, Fastighets AB Tornet, +46-8-544 905 00 Britt-Marie Einar, IR Manager, Fastighets AB Tornet, +46-8-544 905 08, +46-70-576 92 08
FASTIGHETS AB TORNET (publ)
Fastighets AB Tornet is one of Sweden's major listed property companies. Its holding has a lettable area of approximately 3.1 million square metres and a book value of approximately SEK 19 billion. More than 97 per cent of the property holdings, measured as book value, are in Sweden and mainly concentrated in Sweden's six largest cities, Norrkoping and Karlstad. The properties are owned and managed by the subsidiaries ArosTornet, Malmstaden, MalarTornet, SkansTornet and Euro Tower.
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