Invik Interim Report 1 January -- 30 June 2004


STOCKHOLM, Sweden, Aug. 5, 2004 (PRIMEZONE) -- Invik:


 --  The merger with Industrif o rvaltnings AB Kinnevik ("Kinnevik")
     was finalised on 28 July.
 --  Vigo Carlund has been appointed President and CEO of
     Invik & Co. AB.
 --  This interim report comprises three parts: Invik's operations,
     Kinnevik's operations and pro forma financial statements for
    the merged company.

Invik


 --  Net turnover for the first half of the year amounted to
     SEK 896.6 (487.1) million.
 --  Net result after taxes amounted to SEK 145.8 (56.5)
     million.
 --  Earnings per share amounted to SEK 1.88 (0.73).
 --  Modern Finance Group reported income after financial
     items of SEK 93.3 (50.0) million.

Kinnevik


 --  Net turnover for the first half of the year amounted to
     SEK 2,898 (2,926) million.
 --  Net result after taxes amounted to SEK 534 (318) million.
 --  Earnings per share amounted to SEK 8.48 (5.06).
 --  Korsnas Holding reported operating income of
     SEK 444 (479) million.

The merged company


 --  The merged company's pro forma net turnover for the first
     half of the year amounted to SEK 3,790 million.
 --  The pro forma underlying operating result amounted to
     SEK 499 million. The operating profit, including income
     from corporate development of SEK 465 million, amounted to
     SEK 964 million.
 --  Pro forma net result after taxes amounted to SEK 598 million.
 --  Pro forma earnings per share amounted to SEK 2.23.
 --  The market value of the merged company's holdings of listed
     securities amounted to SEK 23,622 million at 30 June 2004.
     On 4 August the value was SEK 20,292 million, which means that
     the market value exceeded the book value of the listed
     portfolio by SEK 4,538 million on that date.

FOR FURTHER INFORMATION, PLEASE VISIT WWW.KINNEVIK.SE, WWW.INVIK.SE

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

The full report: http://www.waymaker.net/bitonline/2004/08/05/20040805BIT20770/wkr0001.pdf



            

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