Extraordinary general meeting 26 july 2007

Invik & Co. AB (publ) announced today that the Extraordinary General
Meeting has elected Karl E. Wernersson, Guðmundur Ólason och Jóhannes
Sigurðsson as new directors of the Board and that Mia Brunell, Erik
Mitteregger, Cristina Stenbeck and Annika Lundius have resigned from
of the Board of Invik. Further, the meeting appointed Karl E.
Wernersson to be Chairman of the Board of Directors. Hereafter the
directors of the Board are Karl E. Wernersson, Rikard von Horn, Mats
Höglund, Johan Klingspor, Guðmundur Ólason och Johannes Sigurðsson.

Karl E.Wernersson, Chairman of the Board of Milestone ehf.
("Milestone"), has appointments in several other companies such as
Chairman of the Board of Sjová-Almennar tryggingar hf ("Sjová") and
Lyf og heilsa hf. ("Lyf og heilsa").

Guðmundur Ólason, CEO of Milestone, and also member of the Board in
several companies such as Racon Holdings AB ("Racon"), Sjová, Lyf og
heilsa and Merlin A/S.

Johannes Sigurðsson, deputy CEO of Milestone and board member of
Racon.

For further information, please visit www.invik.se or contact:

Anders Fällman, President and CEO +46 (0)8 562 000 20
Mattias Björk, CFO                +46 (0)8 562 000 58


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Invik is a  finance group with  a broad product  profile focusing  on
insurance, banking and fund management.  Invik is active in a  number
of carefully selected  segments in  which the Group  can create  high
growth and build long-term, successful companies, while  consistently
focusing on profitability. Group companies are distinguished by their
constant efforts to seek new avenues for growth in profitable  niches
in the financial sector.

Invik  is  made  up  of  five  major  financial  operations:   Modern
Insurances Non-life, with its direct insurance operations focusing on
individuals and small companies; Modern Insurances Life, which offers
life, pension and  endowment insurances;  Assuransinvest manages  the
remaining run-off portfolio;  Banque  Invik, a private bank based  in
Luxembourg with operations in  asset management, card operations  and
corporate services and Invik Funds, which pursues fund operations  in
Aktie-Ansvar and  Modern Funds.  Invik is  listed on  the OMX  Nordic
Exchange in Stockholm under the name INVKB.