STOCKHOLM, Sweden, April 3, 2003 (PRIMEZONE) -- At the Annual General Meeting of Investor AB (Other OTC:IVSBF) (Other OTC:IVSXF), to be held April 23, 2003, the following proposal will be submitted for the number of directors, compensation to the Board of Directors, and election of the members of the Board of Directors. Shareholders who jointly represent more than 50 percent of the voting rights for all shares in the company have declared their intention to vote for the proposal.
Number of Directors Ten directors and no deputies.
Compensation to the Board of Directors Compensation to the Board of Directors totaling 4,575,000 Swedish kronor, to be divided in accordance with the board's decision.
Election of the Members of the Board of Directors Re-election of Claes Dahlback, Sune Carlsson, Hakan Mogren, Anders Scharp, Peter D. Sutherland, Bjorn Svedberg, Jacob Wallenberg and Marcus Wallenberg, as members of the Board.
Board member Koichi Nishimura has declined re-election.
Election of Ulla Litzen, 47, Sweden, President of W Capital Management and member of the boards of SKF, Atlas Copco and Posten.
Election of O. Griffith Sexton, 59, United States, Advisory Director at Morgan Stanley, Adjunct Professor at the Colombia Business School, and Visiting Lecturer at Princeton University's Bendheim Center for Finance.
For further information please contact: Fredrik Lindgren, Vice President Corporate Communications +46 8 614 20 31/ +46 70 624 20 31
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The following files are available for download:
http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00160/wkr0001.doc
http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00160/wkr0002.pdf
http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00160/wkr0003.doc
http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00160/wkr0004.pdf