LE Lundbergforetagen: Year-end Report 2002


STOCKHOLM, Sweden, Feb. 20, 2003 (PRIMEZONE) -- LE Lundbergforetagen:


 -- Profit after full tax amounted to SEK 597 m. (1,986), which
    corresponds to SEK 9.62 (31.48) per share. Profit for 2001
    included an extraordinary dividend of SEK 1,307 m.
    from Holmen and a positive tax amount of SEK 88 m.

 -- On December 31, 2002, net asset value per share amounted to
    SEK 246 (247) and SEK 221 (220) after deferred tax. The
    corresponding values on February 19, 2003 were SEK 240
    and SEK 217, respectively.

 -- Real Estate operations increased by 27% to a total of
    SEK 400 m. (315).

 -- Since summer 2002, Industrivarden shares in an amount of
    approximately SEK 1 billion have been acquired. Lundbergs'
    ownership interest amounts to 5% of the share capital and
    7% of the voting rights.

 -- An increase in the dividend to SEK 6.00 (5.75) per share is
    proposed.

Company registration number: 556056-8817

Registered Head Office: Stockholm

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 www.waymaker.net/bitonline/2003/02/20/20030220BIT00750/wkr0001.doc
 The full report

 www.waymaker.net/bitonline/2003/02/20/20030220BIT00750/wkr0002.pdf
 The full report


            

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