STOCKHOLM, Sweden, Jan. 31, 2002 (PRIMEZONE) -- Custos' Board of Directors has decided to make a slight change in the terms of the share redemption program that it has proposed for the approval of an Extraordinary General Meeting scheduled for February 25, 2002. The Board proposes that for every five (5) Custos shares held, shareholders be given the opportunity to redeem two (2) shares. For each share submitted for redemption, the Board proposes that the holder receive SEK 250.
No other terms are being changed. This means that under the Board's proposal, each redeemed share will entitle its holder to the regular dividend for 2001, SEK 14.50 per share, in addition to the redemption amount of SEK 250. Nor does the change mean that the total amount proposed for redemption has changed. The total amount proposed for redemption is MSEK 1,357. Including the dividend, under the proposal a total of MSEK 1,554 will be transferred to Custos' shareholders during the spring.
The adjustment follows a request from large owners in Custos. The adjusted proposal increases the likelihood of a high degree of acceptance in the redemption program.
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