STOCKHOLM, Sweden, Oct. 27, 2004 (PRIMEZONE) -- By way of a press release on 21 July 2004, the undersigned shareholders in Telefonaktiebolaget LM Ericsson ("Ericsson") made a public offer (the "Offer") to the future holders of so-called conversion rights in Ericsson to sell such rights to us for SEK 1.10 in cash per conversion right. The acceptance period for the Offer was 20 September -- 20 October 2004. Since the acceptance period is now closed, it is hereby announced that we have acquired 36 363 982 conversion rights under the Offer, which entitle us to convert 36 363 982 B-shares in Ericsson to a corresponding number of A-shares in the company. This number of A-shares corresponds to 1,3 % of the total number of votes in Ericsson, assuming that all issued conversion rights will be exercised. The 36 363 982 conversion rights that we have acquired under the Offer, as described above, will be distributed among us as indicated below:
No of conversion rights
Alecta Pensionsforsakring, omsesidigt 2 509 115
Andra AP-fonden 2 654 571
Arbetsmarknadsforsakringar, pensionsforsakrings- 4 763 682
aktiebolag
Fjarde AP-fonden 2 872 755
Forsta AP-fonden 3 090 938
Gamla Livforsakringsaktiebolaget SEB Trygg Liv 1 963 655
Handelsbanken Fonder 2 072 747
Handelsbanken Liv Forsakrings AB 109 092
Nordea's funds in Sweden and Luxembourg 3 418 214
Robur funds 6 690 972
SEB funds 3 127 302
SPP funds 763 644
Tredje AP-fonden 2 327 295
36 363 982
Total
Our holdings of shares and votes in Ericsson as of 20 October 2004 following the acquisition of conversion rights and conversion are indicated in the table below (once more it is assumed that all issued conversion rights will be exercised).
Capital Votes
% %
Alecta Pensionsforsakring, omsesidigt 1,51 0,95
Andra AP-fonden 1,14 0,94
Arbetsmarknadsforsakringar, 1,97 1,29
pensionsforsakringsaktiebolag
Fjarde AP-fonden 1,19 0,78
Forsta AP-fonden 1,18 0,92
Gamla Livforsakringsaktie- 0,53 1,20
bolaget SEB Trygg Liv
Handelsbanken Fonder 0,80 0,48
Handelsbanken Liv Forsakrings AB 0,01 0,04
Nordea's funds in Sweden and 1,47 0,96
Luxembourg
Robur funds 2,37 1,58
SEB funds 1,22 0,82
SPP funds 0,37 0,21
Tredje AP-fonden 1,08 0,84
Total 14,84 11,01
Payment of the proceeds for the conversion rights acquired by us under the Offer will commence on 29 October 2004.
Stockholm, 27 October 2004
Alecta Pensionsforsakring, omsesidigt
Andra AP-fonden
Arbetsmarknadsforsakringar, pensionsforsakringsaktiebolag
Fjarde AP-fonden
Forsta AP-fonden
Gamla Livforsakringsaktiebolaget SEB Trygg Liv
Handelsbanken Fonder
Handelsbanken Liv Forsakrings AB
Nordea's funds in Sweden and Luxembourg
Robur funds
SEB funds
SPP funds
Tredje AP-fonden
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2004/10/27/20041027BIT20330/wkr0010.pdf