Sony Ericsson sees moderating growth in the first quarter of 2008

[Ericsson discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.
The information was submitted for publication at 7.30am CET on March
19, 2008.]

Sony Ericsson, the 50/50 joint venture between Ericsson (NASDAQ:ERIC)
and Sony Corporation (NYSE:SNE), today announced that the company
sees moderating growth of mobile phone units with related effects on
sales and profit in the first quarter 2008.

As Sony Ericsson announced today, sales are expected to decline
slightly but net income before tax (NIBT) is estimated to be in the
range of EUR 150-200 m. due to increased operating expenses as a
percentage of sales compared with the same period of 2007. In
addition to the smaller contribution to Ericsson's share in earnings
of joint ventures and associated companies, sales and operating
income of Ericsson Mobile Platforms, which is reported as part of
Segment Multimedia, will be negatively affected by SEK 200-300 m.

Sony Ericsson's press release can be found on the Ericsson web site
www.ericsson.com/ericsson/press/releases as well as on the Sony
Ericsson web site
http://www.sonyericsson.com/cws/corporate/press/pressreleases/latestnews.

Ericsson reports results of the first quarter 2008 on April 25, 2008.

Ericsson is the world's leading provider of technology and services
to telecom operators. The market leader in 2G and 3G mobile
technologies, Ericsson supplies communications services and manages
networks that serve more than 185 million subscribers. The company's
portfolio comprises mobile and fixed network infrastructure, and
broadband and multimedia solutions for operators, enterprises and
developers. The Sony Ericsson joint venture provides consumers with
feature-rich personal mobile devices.
Ericsson is advancing its vision of 'communication for all' through
innovation, technology, and sustainable business solutions. Working
in 175 countries, more than 70,000 employees generated revenue of
USD 27.9 billion (SEK 189 billion) in 2007. Founded in 1876 and
headquartered in Stockholm, Sweden, Ericsson is listed on the
Stockholm, London and NASDAQ stock exchanges.
For more information about Ericsson, visit www.ericsson.com or
www.ericsson.mobi

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